As you plan for your physical inventory or significant cycle counts to close out and adjust quantities, have you also considered how to verify the accuracy of your standard costs?
Category: Audit and Assurance
Merging Employee Benefit Plans in M&As
Key Takeaways: Transaction Type Shapes Plan Responsibility: In mergers, the… Read more »
Insurance Financial Statement Audit Services
Insurance companies are highly regulated, and the financial reporting process… Read more »
Provider Relief Fund: ARP Reporting and Audits
Key Takeaways Compliance is Vital: Follow PRF and ARP reporting… Read more »
FASB Clarifies Applications for Profits Interest
Key Takeaways FASB developed ASU 2024-01 to improve clarity and… Read more »
From Greed to Guard: The History of Financial Fraud
Working closely with various audit clients, including those in the… Read more »
Preparing for Your First Employee Benefit Plan Audit
Generally, Federal law requires employee benefit plans with more than… Read more »
The Boss: LBMC CEO Jim Meade’s playlist may surprise you
Read full article in the Nashville Business Journal. Jim Meade… Read more »
Why Do Auto Dealers Choose the LIFO Inventory Valuation Method?
Many auto dealerships in the U.S. choose to use the LIFO inventory valuation method because they have found the benefits to be significant.
2024 Business Outlook Trends for Manufacturing
In our survey, more than 60% of business leaders across… Read more »