Whalen CPAs: Firm News
What’s New at Whalen CPAs?
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A leadership departure in your accounting department can create turmoil, at least temporarily. However, it also provides an opportunity to
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Financial reporting isn’t all about profits. Not-for-profit entities can also benefit from implementing formal accounting processes. From preparing budgets and
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These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer
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How accurate is the amount reported in your company’s perpetual inventory system? To best answer that question, a physical count
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Bookkeeping is essential to running a business. QuickBooks® is one of the most popular software programs for this purpose because
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Two tax benefits are available to offset the expenses of adopting a child. In 2022, adoptive parents may be able
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The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than
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Does your company use supplier finance programs to buy goods or services? If so, and if you must adhere to
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You’ve probably heard of the “nanny tax.” But even if you don’t employ a nanny, it may apply to you.
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One of the best ways to tackle financial statement fraud is to conduct periodic surprise audits. In fact, surprise audits
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Businesses can provide benefits to employees that don’t cost them much or anything at all. However, in some cases, employees
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What do you do with your financial statements when your auditor delivers them? Resist the temptation to just file them
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