compliance

Tag: compliance

What You Should Know About Breaking Debt Covenants

The end of the first quarter of 2015 is approaching, and quarterly debt covenant compliance certificates are coming due. If your business is like many in our area, this thought probably fills you with dread. With so many businesses in Houston tied to the energy industry, the effects of the free fall in oil prices

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Securities Act of 1933

See Also: Primary Market Securities Exchange Act of 1934 Investment Banks Secondary Market Initial Public Offering (IPO) Securities Act of 1933 The Securities Act of 1933 was a landmark decision in the United States to regulate the issuance of newly issued shares into the market – an initial public offering. The act is also there

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Professional Employer Organization (PEO) FAQs

See Also; What is a PEO? Advantages of Professional Employer Organizations How to Select a PEO PEO Compared to Outsourcing Payroll National Association of Professional Employer Organizations Professional Employer Organization FAQs | PEO FAQs Refer to the following Professional Employer Organization FAQs for more information about PEOs. What Kind of a Business Uses a Professional Employer

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Nexus Overview

Nexus Overview “Nexus” is a connection between a state and a taxpayer, sufficient enough to allow the state to subject the taxpayer to its taxing jurisdiction and require the taxpayer to file tax returns and pay taxes. The concept is fairly straight forward, and easily understood, by companies doing business solely within the boundaries of

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Compliance Audit

See Also: Audit Scope Charge Account Managed Sales And Use Tax Audit Programs How to Control Annual Audit Fees Role of a Company Back Office Planning Your Exit Strategy Compliance Audit Definition The compliance audit definition is an audit which serves the purpose of ensuring that a company meets the requirements of an outside governing body.

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Capital Project

See Also: Cash Flow Projections Return on Capital Employed (ROCE) Return on Invested Capital (ROIC) Paid in Capital (APIC) Capital Project Definition A capital project, defined as any project which requires capital flows for completion, usually refers to a project which requires large sums of capital. It is generally any project which requires consistent flow

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What is Audit Committee

What is Audit Committee? An audit committee is a subcommittee of a public company’s Board of Directors. A Board of Directors can have several subcommittees. The audit committee focuses on corporate governance, specifically, the company’s internal controls and financial accounting systems. What is Audit Committee Membership? A company’s audit committee typically includes a number of outside directors,

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Working Capital from Real Estate

“Many companies own the land and buildings necessary to conduct the day-to-day operations of their business. Oftentimes this valuable asset is included in traditional bank financing packages as the cornerstone of the credit facility. As long as the business progresses as the bank deems appropriate, and all loan and debt service coverage covenants remain in

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What an Entrepreneur Wants From a CFO/Controller!

Most accountants are trained to identify problems. In fact, as a professional, they excel at identifying problems and minimizing risks. Two excellent examples of this skill is the audit and tax compliance areas of public accounting. What an Entrepreneur Wants From a CFO/Controller Entrepreneurs are looking for something more from their CFO/Controllers. They take risks

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