Month: July 2014

New revenue recognition rules will impact your business

In a joint pronouncement the US based Financial Accounting Standards Board and the International Accounting Standards Board adopted changes to revenue recognition rules.  The effect of the rules will vary by industry and frankly the accounting profession in general is working hard to understand the impact of these rules.  In some cases, the rules may… Read more »

Key Person Insurance

Does your business need coverage in the event of the death or disability of a key person? Every organization has key personnel whose loss to death or disability would be significant for the firm.  Large firms may have a deep enough talent base to replace key personnel but that is often not the case for… Read more »