Whalen CPAs: Firm News
What’s New at Whalen CPAs?
Exciting things are always happening at Whalen CPAs! Stay abreast of firm news and Contact Us if you have any questions.
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Business merger and acquisition (M&A) transactions have significant financial reporting implications. Notably, the company’s balance sheet will look markedly different
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Does your company struggle to close its books at the end of each month? The month-end close requires accounting personnel
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From time to time, owners of closely held businesses might need to advance their companies money to bridge a temporary
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Every fall, CPAs are busy preparing for audit season, which generally runs from January to April each year. This includes
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QuickBooks® is a popular business accounting software program. There are also a number of marketing platforms that businesses can use
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On August 30, 2023, the Financial Accounting Standards Board (FASB) unanimously voted to finalize its proposed improvements to the disclosure
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On September 6, the Financial Accounting Standards Board (FASB) unanimously voted to finalize new accounting rules on cryptocurrency assets —
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Business owners have about 80% of their net worth locked up in the business; therefore, only 20% is liquid (Snider,
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The IRS is a major target for scammers, who use a variety of methods to trick taxpayers into giving up
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Managing accounts receivable (AR) is a fundamental aspect of financial health for any business. A robust AR system ensures steady
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Every business owner hopes to harvest the wealth locked up in the business. Unfortunately, most owners over-value their businesses. This
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Exit planning, although often only associated with the end of a career, is actually both a starting and end point.
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