Joe Giordano

Non-Profit Accounting for Collections

In March 2019 The Financial Accounting Standards Board (FASB) issued accounting Standards Update 2019-03 “Updating the Definition of Collections”.

Opportunity Zone Guidance

Joe Giordano Partner Whisman Giordano Website On Apri

Are you using your accounting system correctly?

In the October 2018 edition of Financial Management magazine, I read an article called “7 Ways Companies Misuse Their Accounting Systems”written b

Business Risk Analysis – An Often Overlooked Management Task

The question is asked “How’s Business?”  The answer “business is terrific, our sales are increasing significantly and profits are better than
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AICPA Votes to pass New Audit Standard for Employee Benefit Plans

In December 2018 the Auditing Standards Board (ASB) of the American Institute of CPAs (AICPA) voted to approve Statement on Auditing Standards, Formin

How to remember Auditors are not the enemy

Oh no, it’s that time of year again when a group of auditors sets up camp in your conference room, taking up needed space to create what looks more

How to reduce your eye strain with your computer

Picture this: Its a Monday and you walk into work after a weekend that felt way too short. You say hello to all your coworkers and then you take a sea

Get SMART When it Comes to Setting Strategic Goals

Strategic planning is key to ensuring every company’s long term viability. Unfortunately, businesses often don’t accomplish their overall strategi
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Tax Planning For Investments Gets More Complicated

For investors, fall is a good time to review year-to-date gains and losses. It can help you assess your financial health and also help you determine w

Competitive Strength Assessment

What it is: By definition a competitive strength assessment is an assessment of the competition in a certain market to help managers account for the p

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