Bookkeeping

Generally accepted accounting principles (GAAP) require that revenue be recognized in the period it was earned. This means for most long-term projects, the percentage of completion method should be used. International Financial Reporting Standards (IFRS 15) provides guidance on the treatment of stored materials in income recognition. Stored materials don’t represent completed work, so they […]

Your financial picture isn’t complete without looking at how your broader tax and investment decisions can impact you personally. With many years spent as operators of our own businesses, we understand how difficult it is to make the right financial or business management decisions. Strategic business planning uses a multi-faceted approach to meet the needs