Archive for January, 2022

Accounting & Audit Alert- The ABCs of activity-based costing

Revenue and expenses, as reported on your company’s income statement, have limited usefulness to people inside the organization. Managers often need information presented in a different format in order to make operational and strategic decisions.

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Posted In: Alerts & Advisories

Edelstein Announces Mid-Year Promotions

On January 25, 2022, Edelstein announced the following mid-year promotions. Jeremy Dow, Supervisor, Healthcare Sharon Ghio, Manager, Healthcare Brooke Rudden, Finance Manager, Operations Allison Webber, Manager, Healthcare Here is what Scott Kaplowitch, Managing Partner, had to

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Posted In: News

Accounting & Audit Alert- Preparations vs. compilations

Your business needs financial statements so management can monitor performance, attract investment capital and borrow money from a bank or other lender. But not all financial statements are created equal. Audited statements are considered the

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Posted In: Alerts & Advisories

Emily Matthews Presents at Womxn Building Wealth Event

On January 19, 2022, Emily Matthews, Tax Partner, presented at a Womxn Building Wealth event. Womxn Building Wealth is a, “community whose mission is to help womxn create financial freedom and security through education and

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Posted In: Events

2021-2022 Tax Planning Guide Released

Do your tax strategies need a refresh? With some tax law changes going into effect in 2021 and more changes potentially on the horizon, you probably have questions about tax planning this year. To save

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Posted In: Alerts & Advisories

Accounting & Audit Alert- How to forecast smarter

Forecasting key business metrics — such as sales demand, receivables, payables and working capital — can help you reduce excess inventory and other overhead, offer competitive prices, and keep your business on solid financial footing.

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Posted In: Alerts & Advisories

Edelstein Hosts Third Firm-Wide Diversity, Equity, & Inclusion Training

On January 12, 2022, Edelstein hosted our third firm-wide diversity, equity, and inclusion training, led by Jina Etienne, CPA, CGMA of Etienne Consulting. The presentation was titled, Strategy: Fostering Belonging to Drive Change. Team members

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Posted In: News

Tax Alert- How will revised tax limits affect your 2022 taxes?

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures are adjusted annually for inflation.

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Posted In: Alerts & Advisories

Accounting & Audit Alert- Reporting and managing inventory

Ineffective inventory management and reporting can result in bloated working capital and impaired business profits. In industries that rely on overseas suppliers, best practices for managing inventory may have recently changed. In today’s uncertain marketplace,

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Posted In: Alerts & Advisories

December 2021 at Edelstein

As we head into the New Year, Edelstein wanted to take a break to reflect on December. We concluded the year with some great happenings and are excited for the upcoming year. Watch the video

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Posted In: Videos