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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 […]

Don’t Make Hunches — Crunch the Numbers

Some business owners make major decisions by relying on gut instinct. But investments made on a “hunch” often fall short of management’s expectations.

In the broadest sense, you’re really trying to answer a simple question: If my company buys a given asset, will the asset’s benefits be greater than its […]

Changes to SOC 1 Examinations as of May 1, 2017

Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification (SSAE 18) is the new standard drafted by the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board (ASB) related to attestation engagements and reports.  The new Standard changes some of the requirements and […]

Don’t Make Hunches – Crunch the Numbers

Some business owners make major decisions by relying on gut instinct. But investments made on a “hunch” often fall short of management’s expectations.

In the broadest sense, you’re really trying to answer a simple question: If my company buys a given asset, will the asset’s benefits be greater than its […]

What Can A Valuation Expert Do For Your Succession Plan?

Most business owners spend a lifetime building their business. And when it comes to succession, they face the difficult decision of whether to sell, dissolve or transfer the business to family members (or a nonfamily successor).

Many complicated issues are involved, including how to divvy up business interests, allocate value […]

August Regulatory Review – Alabama Bankers Association

Warren Averett is pleased to sponsor the Alabama Banker’s Association Washington Regulatory Review, a monthly e-newsletter which recaps important decisions and recommendations from national regulators.  Click here to read the most recent issue.

Will Adherholt Featured in Construction Executive Magazine

Warren Averett Member, Will Aderholt, recently had an article published in the August edition of Construction Executive magazine. In the article, Three Financial Red Flags to Monitor, Aderholt discusses potential problems in the accounting process and identifies red flags that leaders in the construction industry should be aware of. You can view the full article here.

Thrive Series – Service Organization Controls (SOC)

In our latest THRIVE video series, Kevin Bowyer helps explain the need for an SOC audit for clients in need of strong and effective controls. When dealing with service organization controls, Warren Averett helps our clients avoid pitfalls and risks using our cutting-edge industry best practices.

Kevin breaks down how […]

Revenue Recognition of Grants and Contracts by Nonprofits—Is it Time for a Change?

At its April 20, 2016 meeting, the Financial Accounting Standards Board (FASB) voted to add a project to its agenda to improve and clarify existing guidance on revenue recognition of grants and contracts by nonprofits. The FASB directed its staff to perform additional research on the identified issues to […]

Thrive Series – SEC

In our latest THRIVE video series, Eric Johansen discusses the problems a publicly traded company can run in to when filing with the SEC, as well as preventive solutions that can be applied to lessen these difficulties.

Eric explains how Warren Averett can help in the planning process of the company’s filings and accounting to […]