Brandi DiGiorgio CPA CGMA
By MarksNelson on March 22, 2018Running a company entails a broad range of skills. You no doubt already bring many of these to the table as the boss. For others, you probably rely on capable employees or engage professional advisors. There is, however, another source of leadership assistance that many business owners draw on: an advisory board made up of outside experts. Here’s how to get started.
By MarksNelson on July 7, 2017The AICPA has released an exposure draft outlining proposed standards for audits of employee benefit plans subject to the Employee Retirement Income Security Act (ERISA).
By MarksNelson on September 7, 2016The Financial Accounting Standards Board (FASB) is considering whether to require businesses to provide more details in their financial statement footnotes about their inventories.
By MarksNelson on March 1, 2016For decades, companies weren’t required to report many lease-related assets and liabilities on their balance sheet. That’s all about to change under a new lease accounting standard that was issued on February 25, 2016, Accounting Standards Update No. 2016-02, Leases (Topic 842).
By MarksNelson on September 8, 2015Under generally accepted accounting principles (GAAP), the assumption that a company will be able to continue its operations is presumed as the basis for preparing financial statements. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. However, there may be conditions or events that raise substantial doubt about the company’s ability to continue as a going concern.
By MarksNelson on August 11, 2015This simple question can mean different things to different people. But when you step back, can you really answer this question? You are most likely monitoring the financial health of your business by closely scrutinizing your financial statements. You are probably even internally benchmarking your own performance. Internal benchmarking can help you to quickly identify potential issues within your organization and steer them back into line before they get too far off track. Is that enough?
By Brandi DiGiorgio on March 19, 2015Last year, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-07, Applying Variable Interest Entities Guidance to Common Control Leasing Arrangements. This guidance offers private companies a simpler way to account for certain related leasing entities. Businesses that adopt the alternative can avoid the potentially costly variable interest entity (VIE) analysis associated with these entities and need not consolidate these entities on their financial statements.
By Brandi DiGiorgio on October 28, 2014With the Royals entering the World Series for the first time in 29 years, I have been reading and following baseball more than I care to admit. Daily Wall Street Journal articles, twitter feeds, and Facebook updates fill my inbox. It is difficult not to get caught up in the excitement. Outside of the strange article I recently read about two men whose attire includes a wrestling singlet with a giant cat picture on the front, almost all of the articles refer to statistics.
By Brandi DiGiorgio on October 27, 2014Recently I had the opportunity to hear Silpada Designs Co-Founders Teresa Walsh, Bonnie Kelly, and Jerry Kelly reflect on the company’s tremendous growth from its establishment in 2001 to the present. Silpada is known for its remarkable journey to becoming the $250 million company it is today, and four key messages resonated with me that I believe are pertinent for every entrepreneur or business professional, from recent college graduates to CEOs.
By MarksNelson on September 30, 2014Brandi DiGiorgio, a Certified Public Accountant and Manager at MarksNelson, has been named to the Kansas Society of CPAs (KSCPA) Board of Directors. She will begin her three-year term on Nov. 19.
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