ASU 2016-02 (Leases) – Key Components and Important Considerations

After years of consideration, the Financial Accounting Standards Board (FASB) revised lease accounting by issuing Accounting Standards Update (ASU) 2016-02, Leases (Topic 842). In the eyes of the FASB and users of the financial statements, leases in the financial statements of lessees represented valid assets and obligations as a result of the lessee receiving the right to use certain assets while receiving the economic benefits of using such assets.

IRS LB&I Division Launches New Transfer Pricing Compliance Campaign

On April 16, 2019, the IRS Large Business and International (LB&I) division announced the approval of three new compliance campaigns.  All three new campaigns relate to offshore activities of U.S. taxpayers, with one campaign focusing on profits reported by offshore captive services companies.

Kristin Ethridge Selected as Finalist for Atlanta Business Chronicle’s 2019 HR Excellence Awards

Kristin Ethridge, Bennett Thrasher’s Campus Recruiter, has been named a finalist for the Atlanta Business Chronicle’s 2019 HR Excellence Awards as one of three contenders for this year’s Rising HR Star.The HR Excellence Awards honor human resources professionals who have achieved new heights by using innovative strategies, exemplary dedication and outstanding performance to drive their business forward.

Four Questions You Should Ask Your Accountant

Ideally, you and your accountant are more than just “advisor” and “client”.With your combined skills, expertise and shared mission to support a thriving business, you’re more like strategic partners.

John Yeager Discusses Utilizing Technology Efficiently in Construction Today

In an article published in the April issue of Construction Today, John Yeager, Managing Director of Bennett Thrasher’s Business Transformation Services Practice, and Paul Van Den Berg, CEO of Catalyst180 who focuses on optimizing financial and operational processes for growing businesses, discuss how fast-growing construction firms can recognize the necessary foundation of financial operations and build a profitable business by utilizing technology.  

Bennett Thrasher Showcases Growth on Accounting Today’s Top 100 Firms List

In the 2019 edition of Accounting Today’s Top 100 Firms, Bennett Thrasher ranked as the 81st largest accounting firm in the nation – moving up three spots from 2018 based on the firm’s revenue and growth over the past year. Accounting Today’s Top 100 Firms list annually ranks the largest accounting firms in the United States and regions across the nation.

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