Insights
Understanding the SOC 1 Report
Growth Revenue Optimization Management
Growth Revenue Optimization Management Is it possible to prosper during economic down turns? What about plain old survival? Good point! You need to survive first. But you need to plan for a destination greater than simple existence – as we all know the law of the jungle is “eat or be eaten”. Having analyzed and…
Go to the Light – Start Exit Planning Now
Go to the Light – Start Exit Planning Now “I don’t know where I’m going, but I’m making good time.” – Quote from a former client. I just completed a series of discussions with some mature business owners on potential exits from their businesses. As usual, I tend to take away common themes and I…
Withum Names Nine New Partners
Withum Names Nine New Partners WithumSmith+Brown, PC (Withum), the nationally ranked Top-30 public accounting and advisory firm, has announced the promotion of nine senior managers to the position of partner. Adrienne Anderson, Phil Antico, Ray Bastin, Brad Caruso, Nina Chmura, Mark Deters, Pete Lubcker, Donna Nevolo, and Jarrod Rhen join the firm’s growing corporate leadership…
Talent Retention Strategies for a Multi-Generational Workforce
What does it take to attract, develop, and retain the best and the brightest? Organizations are continuously evaluating that question. Competition for talent is fierce, and companies should understand how their professionals learn, work, and communicate and what keeps them engaged and challenged. There is a lot of talk about the differences between the generations…
Case Study: OneWindow Workplace Intranet Unifies The Brookings Institution’s Globally Dispersed Workforce, Transforming Collaboration and Communication
Introducing change into an organization is always difficult, especially technological change. But when you have an on-the-go team, it’s important to have systems that interact and mirror those movements with timely, accurate data while staying within budget! Learn about how OneWindow Workplace Intranet unifies this nonprofit public policy organization’s globally dispersed workforce and transformed collaboration…
Meals Subject to 50% Not So De Minimis
On June 26, 2017, the Tax Court ruled that the Boston Bruins, a National Hockey League (NHL) franchise, were entitled to deduct 100% of the cost incurred to provide meals to team members and personnel while traveling to other cities for games. In reaching its conclusion, the court determined that the meals qualified as a…
You Have to Be Fiscally Responsible
You Have to Be Fiscally Responsible “Friends don’t do this to friends.” – quote from a new client CEO when told his CFO was “taking” money. For those of you who follow this blog regularly, you know my background as a long-time audit partner with EY. That experience has allowed me to be a trusted…
Basic Concepts on Valuing Earn-Outs – Part IV
This last article in the series will describe a reconciliation of the PWERM (risk-adjusted) and OPM (risk-neutral) results when valuing a contingent consideration or earn-out. The relationship of the business risk, typically measured by a weighted average cost of capital, and earn-out risk, a factor not easily quantified, when the earn-out trigger amount is well…