Clayton & McKervey shareholder explains the 5 most common mistakes small to mid-sized business make with GAAP

Posted by Clayton & McKervey on June 19, 2017

Clayton & McKervey

Kevin Johns, a shareholder in the Small and Mid-sized Entities practice at Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, says his work with new small to mid-sized businesses have a common theme when it comes to Generally Accepted Accounting Principles (GAAP) mistakes. GAAP, the most common accounting framework for the preparation of financial statements in the U.S., provides a standard set of rules in order for readers to properly understand and interpret financial results, and serves other purposes as well. “GAAP is also the most common framework used when …

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Clayton & McKervey shareholder helps establish new ‘Great Lakes Chapter’ of the United States-Mexico Chamber of Commerce

Posted by Clayton & McKervey on May 12, 2017

Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, announces that Timothy Finerty CPA, a shareholder at the firm, is a founding board member of the newest chapter of the United-States Mexico Chamber of Commerce (USMCOC), the Great Lakes Chapter, based in Detroit.


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Reimbursable Expenses

Posted by Clayton & McKervey on March 2, 2017

Having clear expectations and processes around expense reports is important to streamline workflow while maintaining clear employee expectations. This QuickBooks article highlights tips on …


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