Changes are Coming to Your Employee Benefit Plan Audit: Here’s What You Need to Know
Posted by Callie Lemle, CPA, QKA, Principal, Assurance Services on May 23, 2022
LGT's Profit Sense
How to Avoid Becoming a Victim of Employee Theft
Posted by Lance Trammell, CPA, Partner, Assurance Services on Apr 9, 2021
As a business owner, the last thing you want to worry about is whether any of your employees are stealing from the company. Unfortunately, the theft or diversion of company funds is common wherever...
Document Your Vendor Approval Process to Avoid Fraud
Posted by Sara Godecke, CPA, Partner, Assurance Services on Apr 9, 2021
While other types of business fraud may capture the headlines, you might be surprised to learn that disbursement fraud schemes are one of the most by most common. The good news is that you can take...
SBA Loan guidance on Single-Audits for Nonprofits
Posted by Babita Sherchan, Partner, Assurance Services on May 13, 2020
On May 5, 2020, the Government Audit Quality Center (GAQC), issued an industry alert No. 404 to professionals that serve organizations subject to Government Auditing Standards. Below are the two key...
How to Maximize Your Dealerships' Performance
Posted by Ryan Meineke, CPA, Senior Manager, Assurance Services on Jan 31, 2020
Like all businesses, improving financial performance is a top priority for dealerships. One way to maximize dealership performance is for owners to obtain CPA-prepared financial statements. These...
News for Not-for-Profits — June 2018 edition
Posted by Babita Sherchan, Partner, Assurance Services on Jun 27, 2018
Do you qualify for the new family leave credit? The new tax law creates a credit for eligible employers in 2018 and 2019 based on paid leave for up to 12 weeks, granted under the federal Family and...
Are you ready for the new revenue recognition standard?
Posted by Lucas LaChance, CPA, CIA, Partner of Practice Growth on Jun 27, 2018
It’s been eight years since the Financial Accounting Standards Board ("FASB") first proposed an overhaul of its revenue recognition standard and four years since it issued the new standard. Now the...
2018 Promotions at LGT
Posted by lgtcpa on Feb 27, 2018
On February 2, 2018 we held our annual State of the Firm. The staff has been moving and shaking throughout the last year. Numerous employees have shown their potential and talent, and they were...