Not all firms offering outsourced accounting services operate the same way. When evaluating OAS providers, here are some key decision points to keep in mind: Consultative approach. When an OAS provider starts by asking good questions, rather than pitching solutions-in-a-box, the chances for success increase. A consultative approach often begins with a needs assessment to
While many entrepreneurial and small companies have staff to handle routine bookkeeping functions, those firms often choose not to hire senior-level accounting talent, since the need may not be justified on a permanent basis. But as these businesses grow – and their accounting needs become more complex – the executive team is often under more
Leaders in fast-growing small and mid-sized companies know all about the challenges of getting the right people in the right roles to drive continued success. However, a significant decision on that journey can arise when businesses must choose to either invest in a robust, in-house accounting team, or add only enough internal support to handle
Overview of SOC 3 Reports There are some close similarities in SOC attestation documents, particularly between SOC 2 and SOC 3 reports, that focus on an organization’s controls in areas such as operations and compliance…
Section 409A specifically relates to the potential tax impact of deferred compensation plans (such as stock options).
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