Avoid misconceptions about business valuations

Business valuation services are helpful and often required for the purchase or sale of a business, estimating the value of a business for succession or retirement planning, determining values for gift or estate tax purposes or marital dissolution and to value ownership interests awarded to employees for compensation. There are some misconceptions, though, about what […]

Accrual accounting useful in monitoring business

As an audit supervisor at Dalby, Wendland & Co., I’ve seen several instances in which the importance and usefulness of accrual accounting in monitoring business performance and making business decisions isn’t fully understood. We’re all familiar with the old saying that hindsight is 20/20. But this saying holds true only when monitoring your business on […]