From the get-go, those who promote cryptocurrencies have struggled with these virtual entities being both tokens that can (ostensibly) be used to buy things, like currency, and an investment opportunity, like a security. This dual identity has left regulators and investors alike scrambling to manage this emerging financial force.

By Dave Roth In 2016, the FASB issued a long-awaited revision to lease accounting, ASC 842. The new standard will require most leases to be brought onto the balance sheet to reflect the future obligation of the lease contract.

There are studies that say 82% of businesses fail because of poor cash flow or being cash poor, rather than the failure to run a profitable business. Why is this? In part is because the success of a business is too often tied to black and white things like profit and loss, operating in the red or in the black, or assets and liabilities.

The issue of sales tax may seem pretty straightforward. Whatever the percentage is in your state, you multiply that by the total your customer pays, and that is the amount owed to your state government.

The new way we are doing business is changing sales tax laws across the nation. With the rise of online services and retailers, there has been a rise of companies doing business outside of states in which they have a physical presence.

Understanding your own companies’ finances is a key component of your company’s success. This financial visibility comes from good record keeping and reporting these records in such a way that a business owner has information to make smarter business decisions.

NOW CFO consultants provide years of audit prep expertise preparing companies for audits. We offer consultants with experience as auditors that will complete the auditor’s checklist.

Do you have too much inventory on hand? This can be a complicated question for some companies, especially those who sell a lot of different products. If a company does not have enough inventory they will lose out on sales.

Sandy, UT, January 9, 2018- Once a year, NOW CFO rounds-up all of its Partners and Business Development Representatives nationwide to conduct a weekend-long retreat to review markets, look at numbers and ultimately have some fun and games! Tyler Norton, CEO at Hero Partners, headed this years’ retreat and had great words of wisdom to share with everyone. The weekend started with a review of all the markets, results from last year, and some forecasting for 2018.

The CARMA awards are held once a year, in celebration of small business and relationship excellence. Salt Lake City, UT, December 7, 2017- Once a year, members of the Corporate Alliance organization acknowledge other members of the community in corporate excellence.