When starting a business, it is common for entrepreneurs to seek initial funding from family and friends. Since the holidays are creeping upon us, this means spending time with family members and loved ones. During the festivities, discussions surrounding what people have been doing or planning on doing are bound to surface. You may get …
December 2013 archive
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Dec 02
Goodwill accounting simplified for private businesses
Last week, the Financial Accounting Standards Board (FASB) approved two exceptions in Generally Accepted Accounting Principles (GAAP) for private companies. Proponents of simplified accounting rules have suggested that private companies be exempted from certain of the more complicated and costly rules. In making these two exceptions, the FASB approved the concept that private companies can …
Permanent link to this article: https://betweenthenumbers.net/2013/12/goodwill-accounting-simplified-for-private-businesses/
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Dec 03
States Continue to Search for Ways to Save on Judicial Resources
December 3, 2013
Since the “Great Recession”, cost saving on litigation continues to be a grave concern for practically everyone involved. The states’ judiciary systems are just one of the many; attempting to save costs on judicial resources, states continue to put pressure on both parties to settle. Florida recently passed a Proposal for Settlement Statute related to …
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