Webinar: Thursday, July 12th at 10:00am Pacific (1:00pm Eastern Time)
A significant number of CPAs focus their practice on tax services thus many firms financial records are designed to facilitate tax planning and the preparation of their tax return. Even though managing the tax costs of a successful business is important it is much more important to create a successful business. This webinar deals with the areas of GAAP that most firms tend to miss and gives practical solutions to implement these changes. The result will be better financial information that will make firm metrics more meaningful.
- WIP is a major asset
- Which prepaid assets should be tracked
- Tax depreciation just does not work
- Payroll accruals with standard costing
- Vacation, sick and PTO, which should be accrued
T. Wayne Owens CPA of TWO Associates, PC
Wayne has more than 30 years of consulting, auditing and financial management experience. His experience includes a national accounting firm and four years with an architectural firm. For the past eight years, he has limited his practice to A/E/C firms for whom he provides a full range of services. In addition, he has written numerous articles on design firm financial management including the FAR’s, project accounting and taxation. He has taught accounting at the university level; presented programs for ACEC throughout the United States, AASHTO and PSMJ; and taught numerous continuing education courses for CPA’s.