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Feb
23

A recent study by the Association of Certified Fraud Examiners (ACFE) found that U.S. organizations were losing about 5% of their revenues to fraud, which equates to approximately $3 billion dollars annually. And the vast majority of these crimes – 75% – are conducted by insiders, which are the very employees that leaders believe they….

Feb
17

Seize the Day Start Planning Now for Revenue Recognition

 

The new revenue recognition standard will significantly impact most industries – and particularly those with specialized recognition models (e.g. construction, real estate, telecommunications). Watch as CRI’s  Jon Heath explains how revenue recognition permeates daily business activities by impacting compensation models, contracts, and taxes. And, therefore, why it’s important to begin implementation of the new standard now so that processes can be updated—and any comparative data required for future reporting can be captured.

Feb
10

Self, Maples & Copeland, P.C., is now Carr, Riggs & Ingram, LLC (CRI). The local office and team in Oneonta, Alabama, will now operate under the CRI name. This merger will result in a long-term commitment to our community, new and expanded service availability for our clients, and additional career opportunities for our employees. For details, read….

Feb
09

Oman Berry & Associates and BOI Consulting have joined Carr, Riggs & Ingram, LLC (CRI). The local office and team in The Woodlands, Texas, will continue to provide the same great client service and will now do so under the CRI name. The merger with CRI allows us to deliver a more comprehensive spectrum of….

Feb
06

On the very first day of their first accounting class, business students are introduced to the “accounting equation:” A = L + OE. It means that assets equal liabilities plus owners’ equity. Or, stated another way, the difference between an organization’s assets and its liabilities represents the equity (or deficit) of that organization. We usually….