Emerging technologies such as RPA will free us from repetitive tasks to focus on more valuable work such as analysis, advice, and catalyzing overall improved performance. LK&A thrives on the cutting edge of digital strategies and we usually test systems on our own company operations before recommending and implementing them in the client environment. Even Read More
Thank you, Mark Goldman, CPA, from “Where Accountants Go” for our interview. I hope it will be helpful for young accountants to know there are many paths to a rewarding and interesting career in accounting. https://www.whereaccountantsgo.com/podcast/108/
I just finished a very intense training program in Atlanta sponsored by the Georgia Society of CPAs and the AICPA. The SOC for Cybersecurity is a relatively new SOC, added to the SOC 1 and SOC 2 Trust Service Principles only in the last year or so. Trust Services Principles are kind of like GAAP, Read More
When it’s time to pay the bill at your favorite local restaurant or make an online purchase for critical software to run your small business, which is the best way to pay: Debit or Credit? Using your company’s debit card may be convenient, especially if you use your online bank balance as your register, however, is Read More
“I’d like to personally thank you and your team for literally jumping in and getting a huge job done for us at a very precarious time in our company. Your team has been extremely professional and helpful in every way. ” Theresa Layton – Edaptive Systems
Contract Compliance with Maximized Profitability New Contract Award, Now What? Between now and September 30, ‘Tis the season for the Government to issue Contract Awards. After award, there are some requirements that a company must perform and endeavors that the Company can perform for a smooth transition and execution, especially if they were not the Read More
With respect to DCAA compliance and competitive strategy, it’s important to know how to calculate and defend your wrap rate to ensure you are best positioned to win that proposal, whether it’s directly with an agency or with a prime contractor. Some primes will attempt to dictate what your wrap rate should be, or from Read More
Although certain members of Congress are trying to have the rule postponed, in May 2016, the Department of Labor significantly modified the criteria for exemption from the Fair Labor Standards Act (FLSA.) Background On May 18th, 2016, the Department of Labor published its final rules on several fronts, highlighted below, effective December 1, 2016: Updating Read More
Oh no, not another tax! What is Use Tax? Use Tax is the final net that states throw out to capture Sales Tax on eligible purchases. In general, if a seller doesn’t collect Sales Tax on their goods and/or services, then it’s up to the purchaser to pay what Read More
Designed new accounting system, commissions structure and key employee incentive tools for fast-growing staffing and recruiting company. Created policies and procedures for various aspects of finance, human resources and administration. Developed executive management reporting models to show historical performance and to forecast company revenues and profitability using breakeven and indirect rate analysis. Prepared cost proposals Read More
Libby King & Associates – Libby King & Associates
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