Public Accounting Report – Trends Impacting the Accounting Industry
Posted by Robert Dutkiewicz on July 24, 2017
Robert Dutkiewicz
As a firm specializing in international, closely held businesses, I am often in conversations with business owners focused on organizational growth. What we’ve observed over the past couple of years, and expect to see more of, is continued consolidation, especially among companies in the automotive industry. This consolidation often includes both acquisition and global expansion. For example, we have seen a notable uptick in the China market in 2017 and expect accelerated growth and continued U.S. investment. A trend impacting the entire industry is in the area of workforce development. In our industry’s search for high-quality talent, CPA …
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2017 Leadership Retreat
Posted by Robert Dutkiewicz on July 21, 2017
A couple of weeks ago I had a chance to connect with our firm’s entire management group during an off-site event in Traverse City. The retreat was organized around teambuilding, communication and planning for our future. (Yes, we built in some fun stuff, too!) Like most firms, we are diligent about connecting as a team periodically to share updates about the business. This year, however, was the first opportunity for everyone in management to spend three days outside the Clayton & McKervey walls focused exclusively on our culture and strategic planning. In all, the experience was transformative for me – and survey results from the attendees affirm the positive impact it had on them as well. Here are my top takeaways:
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Clayton & McKervey Featured in Accounting Today: Practice profile: Pricing it right
Posted by Clayton & McKervey on July 13, 2017
Globalization, mergers and acquisitions, and the subsequent sprouting of multi-conglomerates has made transfer pricing — the pricing of transactions between separate entities of a multi-entity company …
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Revenue Recognition – Step 1
Posted by Julie Killian on July 11, 2017
Over the past several months we have provided information about the new revenue recognition standard released by the Financial Accounting Standards Board (FASB); (Revenue …
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Dress for Your Day
Posted by Robert Dutkiewicz on June 22, 2017
Like many of us noticing the trends among the Big 4, Clayton & McKervey has introduced a summer dress policy, called “Dress for Your …
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Who Needs an Employee Benefit Plan Audit?
Posted by Julie Killian and Catherine Faysal on June 21, 2017
Many companies sponsor employee benefit plans for their employees. Management may not be aware that certain plans require an audit to be completed by …
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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
Kevin Johns, a shareholder in the Small and Mid-sized Entities practice at Clayton & McKervey, an international certified public accounting and business advisory firm …
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5 Common GAAP Violations
Posted by Kevin Johns and Gregory Schulte on June 6, 2017
In the United States, the most common accounting framework for the preparation of financial statements is Generally Accepted Accounting Principles (GAAP). This framework provides …
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Form 5278 filing deadline extended to May 31, 2017
Posted by Margaret Amsden on May 26, 2017
Eligible manufacturing personal property tax exemption claim filing deadline extension A bill was passed yesterday giving late filers a second bite at the apple to …
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Cross-Border Taxation Update
Posted by Sue Tuson on May 25, 2017
The IRS announced 13 audit campaigns last March. Included in the campaign is an effort to increase voluntary compliance for Form 1120-F Non-Filers. Form …
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