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Preparing for Implementation of the New Revenue Recognition Standard

The deadline for implementation of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), is right around the corner!

With an effective date of Jan. 1, 2018, for calendar year publicly held companies and Jan. 1, 2019, for calendar year privately held companies, the time to begin planning for […]

Asked & Answered: 3 Questions Surrounding the Department of Defense’s New Risk-Based EVMS Surveillance

The Defense Contract Management Agency (DCMA) Earned Value Management (EVM) System (EVMS) surveillance process is transitioning from regularly scheduled and planned on-site surveillance to an automated, data-driven surveillance process utilizing over 130 test metrics to identify potential compliance issues. The DCMA is currently piloting the risk-based surveillance process and […]

The Challenges Government Contractors Face Maintaining a Compliant Supply Chain

Risk Management for Contractors, Part 1

As government contractors expand their supply chains across international borders, supply chain risk management is gaining the attention of the industry and U.S. regulators alike. Heightening regulation across industries requires contractors to effectively monitor their supply chains from end to end and manage risk […]

Five Takeaways for Government Contractors Considering ESOP Transactions

We had a great turnout for our ESOP seminar last Tuesday! If you weren’t able to make it, here are a few takeaways for Government Contractors contemplating an ESOP transaction:

1. ESOP’s are a great way to attract/retain top talent and maintain corporate culture.
2. Since the 2007 changes in the small […]

Warren Averett Welcomes Christie Blaylock

Warren Averett, LLC welcomes Christie Blaylock as a manager in the Firm’s Government Contracting Industry Group and Huntsville office.

With more than seven years of public accounting experience, Blaylock joins Warren Averett to further strengthen the service team in the growing government contracting area. She works with defense contractors across […]

Warren Averett Welcomes New Member, Todd McAdams, to Firm

Warren Averett welcomes Todd McAdams, CPA, CGMA, MAcc, as a Member of the Firm’s Government Contracting practice and Huntsville office. This announcement comes just weeks after Warren Averett, a top 30 accounting firm, and Beason & Nalley, a Huntsville based accounting firm with a strong government contracting practice, announced […]

Warren Averett and Beason & Nalley Combine To Become The Preeminent Government Contracting Practice In The SE

Warren Averett, LLC is pleased to announce that CPA firm, Beason & Nalley, Inc. will join our Huntsville office. The joining of forces, effective November 1, 2016, expands resources and capabilities in the Huntsville market, and meets the needs of the growing government contracting segment not only in Huntsville, […]

Alabama Tax Amnesty Program Available

The Alabama Department of Revenue is offering tax amnesty for taxpayers that apply between June 30 and August 30, 2016. Eligible taxpayers can voluntarily come forward during this period and apply for tax amnesty for various delinquent taxes including sales tax, as well as corporate and individual income tax. […]

The FASB Delays Landmark Revenue Recognition Standard

On July 9, 2015, the Financial Accounting Standards Board (FASB) officially deferred implementation of the landmark global revenue recognition accounting standard by one year. The International Accounting Standards Board (IASB) followed suit on July 22, 2015, despite fewer complaints about the new guidance from companies that follow International Financial […]

CNBC Names Warren Averett Asset Management A Top 25 Fee-Only Wealth Management Firm

Warren Averett Asset Management, LLC is ranked as one of the Top 25 Fee-Only Wealth Management Firms in the country, according to CNBC’s inaugural list. The CNBC Digital team recognized Warren Averett Asset Management as the 24th firm among the Top 100 Fee-Only Firms in the nation. is the […]