This instructive white paper outlines common pitfalls in the preparation of the statement of cash flows, resources to minimize these risks, and four critical skills your staff will need as you approach necessary changes to the process.
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We're gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.
Quite a lot has been going on:
Charlie Miracle | How your accountant can help with payroll — and why that's important during
Small business owners wear many hats and can spend too much time in one area of managing their business, and not enough working on growing and improving their business. One of the biggest culprits of this is in payroll.
Payroll can be tedious and time consuming, and errors could be costly. Add in the stress of the COVID-19 pandemic, and even less time is available for other initiatives. Imagine all the things you could do if you reallocated that time elsewhere.
WEC Energy Group to acquire 90% ownership of Jayhawk Wind Farm
MILWAUKEE , March 1, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC ) today announced that the company has agreed to acquire a 90% ownership interest in the Jayhawk Wind Farm, to be built in Bourbon and Crawford counties, Kansas .
Jayhawk will generate renewable energy that will be sold under long-term contract to Facebook . The Jayhawk site will consist of 70 GE wind turbines with a combined capacity of more than 190 megawatts.
The project is being developed by Apex Clean Energy, a leading clean energy company. Invenergy will acquire the remaining 10% ownership interest and will operate the facility. Commercial operation is expected to begin by the end of 2021.
QIP vs. Repair Regulations – Decisions, Decisions, Decisions… – Commercial Observer
What is Qualified Improvement Property (QIP)? QIP is an internal improvement made to nonresidential real property after the real property is first placed in service by any taxpayer. The definition of QIP does not include expenditures attributable to the enlargement of a building, an elevator or escalator, or the internal structural framework of a building. The CARES Act clarifies that the improvement must be "made by the taxpayer.
Additional Considerations : Although the immediate write-off of bonus depreciation sounds like a great tax-saving strategy, it does have downsides, as outlined below.
This may worth something:
Can pollution regulations help an industry's bottom line? - Deseret News
SALT LAKE CITY — A new study shows that certain industries in the right circumstances can benefit from air pollution regulations to boost their profits, running counter to the notion that all regulations are burdensome and costly to industry.
That boost in the bottom line was contrasted in outcomes examined in unregulated industries in the work by Weber State University and University of Utah researchers.
"It does not mean every firm is better off," said one of the study's co-authors, Francois Giraud-Carrier, an assistant professor of supply chain management at WSU's Goddard School of Business and Economics.
Novanta Announces Financial Results for the Fourth Quarter and Full Year 2020 | Business Wire
*Reconciliations of GAAP to non-GAAP financial measures, as well as definitions for the non-GAAP financial measures included in this press release and the reasons for their use, are presented below.
"We are very pleased with the company's performance in 2020, despite the challenges caused by the COVID-19 pandemic," said Matthijs Glastra, Chief Executive Officer of Novanta. "The fourth quarter played out as expected; revenue increased sequentially, and our customer orders were up 26% sequentially, giving us a 1.09 book-to-bill. We also expanded our Adjusted EBITDA Margins and once again had record cash flows.
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