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“Here today, gone tomorrow.” This well-known idiom is often used to describe something that’s temporary or fleeting, such as money, happiness or fame. It could also be used to describe outsourcing services. When Los Angeles and Southern California business owners and executives hire outsourcing firms to provide expertise or services, the...

An undeclared battle has been waging for years between the IRS and many Los Angeles and Southern California businesses that own or lease tangible property regarding whether expenditures related to such property should be expensed or capitalized. Expensed property can be deducted immediately as a current expense, but capitalized property...

Los Angeles and Southern California business leaders can reap many benefits from engaging the services of an outsourced CFO services provider. These include enhanced productivity, higher profitability, reduced costs, a higher level of financial control, and improved overall financial performance. Your expectations regarding the working relationship with an outsourced CFO...

There are two main types of financial reporting conducted by Los Angeles and Southern California businesses: historical reporting, which looks back at past financial performance, and predictive reporting, which proactively looks ahead to future financial performance. While the vast majority of businesses concentrate most of their efforts on historical reporting,...