Author Archive : Edelstein
By Edelstein on August 9, 2018
Complex accounting estimates — such as allowances for doubtful accounts, impairments of long-lived assets, and valuations of financial and nonfinancial assets — have been blamed for many high-profile accounting scams and financial restatements. Estimates generally
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Posted In: Alerts & Advisories
By Edelstein on August 2, 2018
There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. A repeal wasn’t included in the final version of the Tax Cuts and Jobs Act (TCJA),
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Posted In: Alerts & Advisories
By Edelstein on August 1, 2018
Financial statements help investors and lenders monitor a company’s performance. However, financial statements may not provide a full picture of financial health. What’s undisclosed could be just as significant as the disclosures. Here’s how a
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Posted In: Alerts & Advisories
By Edelstein on July 31, 2018
As we reflect on 50 years, a large piece of our firm’s recent history was undergoing the rebrand process. A brand says a lot about who you are and it’s ever important to differentiate yourself
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Posted In: Alerts & Advisories
By Edelstein on July 20, 2018
Issuing stock on the public markets isn’t right for every business. Some public companies decide to delist — or “go private” — often due to the high costs of complying with the requirements of the
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Posted In: Alerts & Advisories
By Edelstein on July 12, 2018
Implementing changes in accounting rules can be a real drag. But the new hedge accounting standard may be an exception to this generality. Many companies welcome this update and may even want to adopt it
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Posted In: Alerts & Advisories
By Edelstein on July 11, 2018
As we entered into our 50th anniversary year here at Edelstein, we announced our participation in five larger scale community service events to commemorate one per decade that we have been in business. On June
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Posted In: Events
By Edelstein on July 10, 2018
Business Valuation Principal, Jesse Gillett, has geared this video towards active, private business owners. You might be blurring the lines between what’s an available total profit to you and what represents a true enterprise profit.
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Posted In: Videos
By Edelstein on July 5, 2018
On June 19, 2018, three members of Edelstein’s Tax Team presented a tax timely topic update regarding the Tax Cuts and Jobs Act (TCJA). Principal Kate Rooney presented on law changes impacting individuals, trusts,
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Posted In: Events
By Edelstein on July 3, 2018
Analytical procedures can make audits more efficient and effective. First, they can help during the planning and review stages of the audit. But analytics can have an even bigger impact when used to supplement substantive
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Posted In: Alerts & Advisories