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Moore Stephens Doeren Mayhew Blog

3 Components of Assessing Audit Risk

January 4, 2019

Every year, your audit firm will conduct a fresh risk assessment before the start of fieldwork...

Is LIFO Right for Your Business?

December 31, 2018

You have choices when it comes to reporting inventory costs. One popular technique — the..

How to Get Control Over Your Overhead Allocations

December 11, 2018

Accurate overhead allocations are essential to understanding financial performance and making..

Percentage of Completion Accounting: TCJA Provides Exception for Some Companies

December 6, 2018

How do you report revenue and expenses from long-term contracts? Some companies that were..

Implementing the New Revenue Recognition Rules

November 28, 2018

For many companies, revenue is one of the largest financial statement accounts. It’s also highly..

Should cloud computing setup costs be expensed or capitalized?

November 8, 2018

Companies will be able to capitalize, or spread out the costs of, setting up expensive business..