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Costly. Complex and Confusing. In an effort to make financial reporting and the potentially prohibitive cost associated with compliance a little easier to digest, the Financial Accounting Standards Board (FASB) has proposed two more Accounting Standards Updates (ASU). This could result in a welcome bright spot on the privately held business horizon. (Read the other […]

Monday, July 21, 2014

On June 17, 2014, Governor John Kasich signed into law,  legislation which allows Ohio business to organize captive insurance companies. Captive insurance companies are an alternative to traditional insurance and allow businesses the opportunity to have greater control over managing their insurance needs or to provide insurance for risk that otherwise is not covered by […]

Monday, July 14, 2014

Investors in publicly-traded companies have the luxury of knowing the value of their investment at virtually any time. An internet connection and a few clicks of a mouse are all its takes to get an up-to-date stock quote. Of all U.S. companies, however, less than 1% are publicly-traded, meaning that the vast majority of companies […]

Friday, July 11, 2014

An excerpt from Skoda Minotti’s “How a Company is Valued” e-book Investors in publicly-traded companies have the luxury of knowing the value of their investment at virtually any time.  An internet connection and a few clicks of a mouse are all its takes to get an up-to-date stock quote.  Of all U.S. companies, however, less […]

Wednesday, June 18, 2014

Is your idea of a perfect vacation spending time alone on a beach with a good book? Or would you prefer a more active vacation where you are part of a group, constantly challenging yourself, and using your talents and skills to help others? If the latter sounds more appealing, then a volunteer vacation might […]

Thursday, July 10, 2014

The recent release of the long-awaited report from the United Nations’ Intergovernmental Panel on Climate Change has spurred renewed discussion of ways to combat climate change and its effects. The report, written by leading scientists from around the globe, says that to keep greenhouse emissions below critical levels, the world must make substantial changes–and quickly–in […]

The anticipation in Cleveland is at a fevered pitch. Every basketball fan is refreshing twitter, listening to sports talk radio, and tuning into ESPN to find out the latest scoop. Akron’s prodigal son, LeBron James, opted out of his contract with Miami and is deciding on whether he should return to the Cleveland Cavaliers where […]

By: Michael McKeown, CFA, CPA Last week the Bureau of Economic Analysis released the final report for first quarter Gross Domestic Product (GDP), which measures the market value of all final goods and services produced. The result was an annualized negative 2.9% growth rate for the U.S. economy. This was the worst quarterly performance since […]

Monday, July 7, 2014

Advertising. Marketing. Public Relations. Aren’t they all the same? As one in business, you no doubt have heard references to marketing, PR and advertising. We allocate money to “marketing,” want to “do some PR” and are solicited to buy “advertising.” Many organizations have dedicated and differentiated departments to carry out the functions of one, or […]

In case you missed it, here’s the link to part one of our e-newsletter checklist post, where I discussed email list management, templates, and send setup. Now on to some additional items to check off your list prior to your next send. Email Layout Links – Do a thorough review to ensure all of your […]

Skoda Minotti Professional Staffing is currently assisting a client in their search for a Senior Accountant or Manager. Some responsibilities for this job include performing compilations and audits; preparing financial statements; prepare quarterly corporate schedules, tax reports, and year-end schedules; and preparation of Federal and State Income Tax Returns. Candidates should have a Bachelor’s Degree […]

Skoda Minotti Professional Staffing is currently assisting a client in the automotive industry in their search for a Controller. Some responsibilities for this job include managing and overseeing accounting, payroll, and financial reporting for the company; assisting with various audits of company accounts, involving state and federal agencies; and overseeing preparation of financial statements, company […]

Most medical practices are aware of the HIPAA HITECH requirements that affect their organizations, and the fines that they face if they are not compliant in the ways they handle patient health information (PHI). What a lot of professionals don’t know is that HIPAA HITECH regulations also hold business associates, (i.e. other professionals from other […]

A common theme in businesses today is regulatory compliance and oversight. SSAE 16 compliance has been a growing popular method for service organizations to validate the quality of their operations or to separate themselves from competition by obtaining an audit to illustrate their continued commitment to meeting the strict regulatory compliance. Obtaining an SSAE 16 […]

Skoda Minotti, a national CPA, financial and business advisory firm headquartered in Cleveland, Ohio, announced the addition of Laura Rohde as Human Resources Director. Rohde will manage the training and development initiatives, recruiting, retention and performance management for the firm’s Cleveland and Akron, Ohio and Tampa, Florida locations. “We are excited to welcome Laura to the […]

Skoda Minotti, a national CPA, financial and business advisory firm headquartered in Cleveland, Ohio, has been named a recipient of the prestigious 2014 Merger & Acquisition Awards sponsored by UK-based AI Global Media, Acquisition International Magazine and DealFlow Source. Voted by a global network of expert M&A professionals, advisers, clients, peers and industry insiders, the […]