Letters of Intent: Mutual Commitment to the Process
Strategic and Tactical Considerations of Preliminary Transaction Documents in SMB Interest Transfers – Part 5 in a series. Once the Preliminary Doc is signed, both buyer and seller are going to spend a...
View ArticleLetters of Intent: Benchmarks and Operations
Strategic and Tactical Considerations of Preliminary Transaction Documents in SMB Interest Transfers – Part 6 in a series. The “active-period” of a Preliminary Transaction Document such as a Letter of...
View ArticleLetters of Intent: Setting the Stage for Contract Negotiations
Strategic and Tactical Considerations of Preliminary Transaction Documents in SMB Interest Transfers – Part 7 in a series. This installment in our series about Preliminary Transaction Documents (Letter...
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Safeguarding Fixed Asset Data
The increasing digitization of data and information can streamline business processes and improve productivity. Data is now easier to store, retrieve, analyze and transfer. However, these benefits...
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MoneySoft Acquires the Rights to PPC’s Business Valuation Specialist Software...
Phoenix, AZ July 17, 2013—MoneySoft, Inc. announces that on July 1, 2013 it has purchased the rights to PPC’s Business Valuation Specialist® from the Tax & Accounting business of Thomson Reuters....
View ArticleMiddle Market M&A: Handbook for Investment Banking and Business Consulting
Book Review Middle Market M&A: Handbook for Investment Banking and Business Consulting was written by Kenneth Marks, Robert Slee, Chris Blees and Michael Nall and published by John Wiley and Sons....
View ArticleUseful Life of Fixed Assets for Tax and Reporting Purposes
“How do you determine the useful life of fixed assetS?” That question confronts just about every accountant and fixed asset manager. The proper answer depends upon the reason for determining useful...
View ArticleRecovery Period or Useful Life for US Federal Tax Depreciation
The Financial Accounting Standards Board promulgates a set of Generally Accepted Accounting Principles (GAAP) that essentially provide for the proper accounting and reporting of economic value and...
View ArticleSalvage Value for Fixed Asset Financial Reporting
Salvage Value is a key component in accurately calculating the deprecation of fixed assets for financial reporting purposes, but is generally not a factor for tax depreciation under MACRS. In essence,...
View ArticleThe Fixed Asset Accountant
A fixed asset is property with a useful life greater than one year that is used in the operations of a business to generate income. Examples include buildings, equipment, furniture and vehicles. In...
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