Skip to content
  • COVID-19
  • About Us
    • Mission, Vision, and Values
    • Culture
    • Leadership Team
    • Women RISE
    • Community Involvement
    • Trade and Professional Involvement
    • Leading Edge Alliance
  • A-Z Blog
  • Assurance
    • Audited Financial Statements
    • Reviewed Financial Statements
    • Compiled Financial Statements
    • Employee Benefit Plan Audits
  • Tax
    • ASC 740 Tax Provisions
    • Business Tax Services
    • Cost Segregation
      • Cost Segregation Calculator
    • Estate Planning
      • Charitable Gift and Estate Planning
      • Estate Tax Planning & Preparation
      • Strategic & Succession Planning
    • International Tax
      • Canada-U.S. Tax Services
      • Foreign Investment in Real Property Tax Act
      • Passive Foreign Investment Company (PFIC)
      • IC-DISC
    • México y EU – Contadores Públicos Certificados
    • A Guide to Investing in Arizona’s Opportunity Zones
      • Qualified Opportunity Zone Consulting Services
    • Research and Development Tax Credits
      • Cash Instead of Tax Credit?
    • State and Local Taxes
    • Stock Option Taxation
    • Tax Planning and Preparation
    • Tax Planning and Projections
    • Written Managed Review
  • SOAR / Consulting
    • Accounting Services
      • Bookkeeping
    • CFO Services
    • Cybersecurity
      • Outsourced Cybersecurity
      • Cybersecurity Assessments & Testing
      • Governance, Risk & Compliance
      • Partnered Security Service Provider™
      • Specialized Cybersecurity Services
    • Financial Forensics & Valuation Services
      • Business Valuation Services
      • Fraud Investigations and Forensic Accounting
      • Marital Dissolution Services
      • Economic Damages
      • Bankruptcy, Restructuring & Turnaround
      • Court Appointments
      • Our Team
    • Payroll Processing
    • Strategic Services
      • Value Growth Services
      • Strategic Planning
      • Succession Planning
      • Exit Planning
    • Pension Plan Design and Administration
    • Talent Acquisition
  • Industries
    • Cannabis
    • Construction
      • AZ TPT Commercial Contractor Decision Tree (2019)
      • AZ TPT Residential Contractor Decision Tree (2019)
    • Financial & Professional Services
    • Healthcare
    • Manufacturing
    • Nonprofit
      • Applications for Tax-Exempt Status
      • Charitable Gift and Estate Planning
      • Nonprofit Merger Consultation
      • Preparation of Exempt Organization Annual Tax Returns
    • Real Estate
      • 1031 Like-Kind Exchanges
      • Passive vs. Active Losses
      • Business Structure and Organizational Consulting
      • Cost Segregation
      • Unrelated Business Taxable Income (UBTI)
      • Rental Real Estate
      • Rate of Return Analysis
      • Operating, Partnership and Management Agreement Reviews
      • Real Estate Purchase and Sale Tax Planning
      • A Guide to Investing in Arizona’s Opportunity Zones
      • FAQs About Net Investment Income Tax (NIIT)
      • FAQs About Real Estate Professionals
    • Restaurant
      • Operational Reviews
    • Technology
  • Careers
  • Resources
    • COVID-19 Resource Center
    • Events
    • News
    • ASC 606: Revenue from Contracts with Customers
    • Arizona CFO Spotlight Survey 2019-2020
    • Arizona CFO Spotlight Survey 2018
    • Arizona CFO Spotlight Survey 2017
    • Arizona CFO Spotlight Survey 2016
  • Contact Us
    • Tucson Office
    • Phoenix Office
  • Client Center
      • Client Portal (Sharefile)

        Access Your Online Tax Organizer

        Video Guide

        Internet Explorer only

        • Upload/download files, File Manager
        • Not using Internet Explorer?
        • Frequently Asked Questions
        • Forgot your Login Information?
        logo: Powered by Right Networks

        QuickBooks Online

        Need assistance?

      • pay-invoice

        Pay Invoice

        Choose this option if you have an invoice or multiple invoices to pay.

        pay-deposit

        Pay Deposit

        Choose this option to pay a deposit, retainer, or other payment.

Author: Accounting & Assurance Department

How auditors assess cyber risks

March 22, 2021 March 25, 2021 Accounting & Assurance Department Assurance, SOAR audit, cybersecurity, oversight, PCAOB, risk, risk assessment

Companies that fail to secure sensitive customer data and intellectual property won’t last long. Auditors can help measure and mitigate your company’s risk of a cyberattack.

Accounting for property, plant and equipment assets

February 19, 2021 February 22, 2021 Accounting & Assurance Department Assurance depreciation, financial reporting, financial statements, GAAP, PPE, Section 179

Which asset costs must be capitalized, how long will an asset provide value and which depreciation method is appropriate? Click the link for answers to common questions on reporting property, plant and equipment.

Should my distressed company consider a debt restructuring?

February 15, 2021 February 19, 2021 Accounting & Assurance Department Assurance, COVID-19 COVID-19, debt, debt restructuring, FASB

Many companies are struggling to make their loan payments during the COVID-19 crisis. Debt restructuring could provide relief.

Financial keys to securing a commercial loan

February 8, 2021 February 17, 2021 Accounting & Assurance Department Assurance commercial loan, FASB, GAAP

Applying for a commercial loan can be tedious and time-consuming, especially in today’s uncertain marketplace. Here’s what to expect.

Footnote disclosures: The story behind the numbers

February 1, 2021 February 2, 2021 Accounting & Assurance Department Assurance FASB, financial statement footnotes, financial statements

Financial statements do more than quantify a company’s performance. They also provide qualitative information about business operations and risk factors. Here are the basics about footnote disclosures.

View your financial statements through the right lens

January 28, 2021 February 2, 2021 Accounting & Assurance Department Assurance EBITDA, financial statements, KPIs

Business owners, do you get a little bleary-eyed looking at your financial statements? The right KPIs can help you see things more clearly.

Assessing and mitigating key person risks

January 21, 2021 January 22, 2021 Accounting & Assurance Department Assurance key people, key person, risk, risk management

Is the success of your business tied to certain “key” people? Many startups, professional service firms and small businesses are at risk of losing a key person. Here are ways to identify and shore up this critical risk factor.

Forecasting for 2021

January 13, 2021 January 14, 2021 Accounting & Assurance Department Assurance assurance, audit, balance sheet, forecasting, preparation, prospective income statement

Start off the new year right: Prepare your company’s prospective income statement, balance sheet and statement of cash flows.

top

Categories

  • Arizona Business (8)
  • Assurance (11)
  • Cannabis (7)
  • CFO Survey (3)
  • Construction (7)
  • Cost Segregation (1)
  • COVID-19 (50)
  • Employee Benefit Plans (8)
  • Entrepreneurs (17)
  • Estates & Trusts (14)
  • Financial & Professional Services (6)
  • Fraud (5)
  • Healthcare (11)
  • Hospitality (7)
  • Human Resources (6)
  • Industry Outlook (25)
  • International Tax (1)
  • Lease Accounting (1)
  • Litigation Support (1)
  • Manufacturing (9)
  • News and Events (41)
  • Nonprofit (11)
  • Productivity (4)
  • Real Estate (14)
  • Revenue Recognition (1)
  • SOAR (18)
    • Financial Forensics & Valuation (6)
  • Tax Bites (280)
    • SALT (5)

Recent Posts

  • Raising Arizona: Understanding the Financial and Operational Challenges in the Cannabis Industry April 6, 2021
  • EIDL loans, restaurant grants offer relief to struggling small businesses April 1, 2021
  • PPP application deadline extended March 30, 2021
  • Summary of Tax Filing Deadline Change March 29, 2021
  • New law tax break may make child care less expensive March 24, 2021

Subscribe via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Awards & Associations

Best CPA Firm in Equity Leadership for Women
Best Firms for Young Accountants 2019 - Accounting Today
Inside Public Accounting's 2018 Top 200 Firms
Clearly Rated - Best of Accounting 2019
Inside Public Accounting's All Star Firms
Leading Edge Alliance
Phoenix Office

2201 E. Camelback Road, Suite 200

Phoenix, AZ 85016

1 (602) 265-7011

1 (602) 265-7060

Tucson Office

1985 E. River Road, Suite 201

Tucson, AZ 85718

1 (520) 321-4600

1 (520) 321-4040

  • Disclaimers
  • Privacy Policy
  • Cookie Policy
  • Contact Us
BeachFleischman PC BBB Business Review

Accountants | Auditors | Advisors | Consultants | CPAs :: BeachFleischman PC is one of the largest locally-owned public accounting and consulting firms in Southern Arizona and a Top 200 CPA firm in the United States. Serving clients in Phoenix, Tucson, Mesa, Scottsdale, Tempe, Gilbert, Glendale, Flagstaff, and Chandler, BeachFleischman provides accounting, audit, consulting, and tax services to businesses, organizations, and individuals (U.S. and foreign-based), doing business domestically and internationally. The BeachFleischman logo, BEACHFLEISCHMAN, and COLLABORATE FORWARD are all registered U.S. trademarks of BeachFleischman PC. ©2021 BeachFleischman PC. All rights reserved.