Companies can potentially manipulate income recognition or underestimate costs, as seen in high-profile accounting scandals like Toshiba’s. It’s crucial for businesses to follow ethical practices and maintain accurate financial records to avoid such pitfalls. The percentage of completion method gives you a more realistic view of your finances throughout a project, especially long-term ones. Instead of showing a big profit or loss all at once when the project’s done, it

We’ll setup, manage and help with your payroll needs whether you’re a single owner s-corp, or if you’re a large corporation. We prepare and file business taxes with a focus on identifying ways to keep more of what you earn. This provides you simple solutions that will allow you to do your accounting with confidence. Our Certified Pro Advisors in Phoenix provide setup, training, and ongoing support for all versions