News & Resources

Nonprofit organizations face an ongoing challenge of accomplishing more with less.  These conflicting interests can often lead nonprofits to assign accounting staff multiple roles as part of the job duties they are expected to complete. 

Owners of private businesses often wonder: How much is my business interest worth? Financial statements are a logical starting point for answering this question. Here’s an overview of how financial statements can serve as the

At our annual State of the Firm meeting in November, we announced the promotion of business valuation manager, Jesse Gillett, to the principal level. Prior to joining Edelstein & Company in 2015, Jesse was a consultant at

Today’s auditors spend significant time determining whether amounts claimed on the income statement capture the company’s financial performance during the reporting period. Here are some income statement categories that auditors focus on. Revenue Revenue recognition

As we begin to celebrate our 50th anniversary here at Edelstein, we shared that we will be taking part in 5 larger scale community serving events to commemorate one per decade that we have been

Edelstein & Company’s valuation team is pleased to release our second installment of an asset management industry update, with public insights geared towards privately held managers.  This piece, intended to be part of an ongoing

The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation. While most TCJA provisions go into effect

Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company’s financial statements to hide approximately $500 million in losses. A key ploy that perpetrators used in

As we ring in 2018, we’re celebrating more than just the New Year here at Edelstein.  2018 marks our firm’s 50th anniversary. In 1968, Alan Edelstein, a young lawyer-turned-CPA, decided to hang out his own

It’s important to resist the temptation to rely on gut instinct or take shortcuts when budgeting for 2018. Creating a solid budget that’s based on the three components of your company’s financial statements will help