Streamline. Automate. Comply. Revenue management can no longer live in spreadsheets. NetSuite’s award winning financials software simplifies the complexities of evolving revenue recognition mandates, no matter if a sale encompasses a single performance obligation, a series of obligations spanning a time period, or diverse obligations in a bundle. The results are “always on” compliance, realtime…
Why Acquisitions Fail “Everything’s so green!” – line by King Louis XVI from Mel Brook’s “History of the World” Over the years, I have worked with many clients on dozens of acquisition transactions. When I think back to the early stages of any of these deals, it conjures up this line from “History of the…
Share You may need to amend your partnership or LLC operating agreement for the new IRS Audit Rules. New IRS partnership audit rules will take effect in 2018 if recently reissued proposed regulations are finalized later this year. While 2018 should not open with a flood of audits in January, virtually all partnership or LLC…
Over the last decade, the timeshare development industry has experienced unprecedented consolidation. The obvious result of this trend is fewer developers in the industry, and in particular, fewer new developers. This article will highlight some of the reasons for the industry consolidation, some commentary on why smaller developers may not be entering the industry as…
The New Form I-9 – Employment Eligibility Verification A Form I-9 is required to be completed by the employer for every employee that is hired for employment in the United States (“U.S.”). The form must be completed within three business days of the employee’s date of hire. The U.S. Citizenship and Immigration Services (“USCIS”) issued…
The Passive Bubble? By Anthony DiLorenzo, MS, Staff II Accountant – WithumSmith+Brown, PC Passive investing led by ETFs (exchange traded funds) have become the go-to investment vehicle for many average investors over the last 10 years. Investopedia defines an ETF as: A marketable security that tracks an index, a commodity, bonds, or a basket of…
Are You Insured for Pokémon Go Accidents? Pokémon Go was all anyone could talk about last summer. Everyone heard the stories of players falling into ditches or walking out into traffic while pursuing a Bulbasaur or a Pikachu. Since then the game’s maker has been tweaking and improving the game, attempting to make the game…
Streamlining Unified Commerce Complexity Managing the Shopping Experience Across All Channels by Using a Comprehensive, Cloud-based Commerce Platform The reason omnichannel technology has been adopted so widely in retail is that it places an emphasis squarely where it should always have been—on the shopper. This is notable because it represents a shift away from the…
Quick Test: Should I Form a Startup? “You can do it!” – line made famous by Rob Schneider in “The Waterboy.” Being a big fan of the entrepreneurial space, I love to encourage people to get involved in new ventures. Forming something new or making what is there bigger and better can have a profound…
Withum Expands Advisory Practice with Finance Transformation and CFO Solutions Services WithumSmith+Brown, PC (Withum) is excited to announce the addition of the Finance Transformation and CFO Solutions Services Group as an extension of the Firm’s traditional accounting, tax and advisory expertise. A nationally ranked Top-30 CPA firm, Withum is committed to providing sophisticated services to…