Using Joint Interest and Revenue Audits to Identify Potential Cost Recovery Opportunities for the Joint Venture

April 18, 2017

In this low-price commodity cycle for crude oil and natural gas, managing the expense side of the ledger is critical to success.

Overview of SOC 1 Reporting, Requirements and Upcoming Changes

March 31, 2017

As most accountants know, a SOC 1 (Service Organization Control) report specifically addresses an organization’s internal controls over financial reporting. SOC 1 reports are restricted-use only, meaning they are available only to the service organization generating the document and its financial auditors. These reports come in two types…

Per-Diem Rules and Updates

March 31, 2017

Keeping good records on business travel can be cumbersome for both employees and the employer. That’s why it’s useful for business leaders to know that an employer may pay a per-diem amount to employees for business travel, rather than reimbursing actual substantiated expenses for lodging, meals and incidental expenses (M&IE).

Hein Named as 2017 Top 100 Firm by Accounting Today

March 31, 2017

For the 18th consecutive year, Hein has been named as a 2017 Top 100 Firm by Accounting Today, in recognition of the firm’s continued growth and operational excellence.

March 2017 Newsletter

March 23, 2017

Like-Kind Exchange with Sale and Lease-Back Transactions are Loans When taxpayers enter into complex real estate transactions, they are often unaware of how those deals can trigger unexpected tax consequences…

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