Posted by Kevin Johns on May 16, 2019
Across the manufacturing sector, there is a great amount of diverse strategies, footprints, and segment approaches as they deal with artificial intelligence augmented reality and the ever-increasing spread of robotics. From an accounting standpoint, the one thing that often unites these companies together is GAAP (Generally Accepted Accounting Principles) which provides...
Posted by Julie Killian on November 26, 2018
The complexity of the new standard can make implementation time consuming, and the time remaining for that implementation is short.
Posted by Clayton & McKervey on August 8, 2018
Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, is pleased to announce it is again included on the list of the 300 largest public accounting firms in the nation as noted by Inside Public Accounting, a leading accounting trade publication.
Posted by Julie Killian on March 5, 2018
When recognizing revenue over time, the objective is to do so in a pattern commensurate with the transfer of control to the customer.
Posted by Julie Killian on December 19, 2017
Over the past several months Clayton & McKervey has provided information about the new revenue recognition standard released by the Financial Accounting Standards Board …
Posted by Julie Killian on November 20, 2017
Over the past several months Clayton & McKervey has provided information about the new revenue recognition standard released by the Financial Accounting Standards Board (FASB); …
Posted by Sue Tuson on September 8, 2017
The IRS and state governments continue to increase requirements and penalties for information reporting. With these increases, using best practices when keeping records is …
Posted by Julie Killian on September 8, 2017
Over the past several months, information has been provided about the new revenue recognition standard released by the Financial Accounting Standards Board (FASB). The …
Owners of closely held businesses use a myriad of metrics to evaluate business performance. Alternatively, when a buyer or third party is looking …
Posted by Robert Dutkiewicz on July 24, 2017
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 …