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Audit and Assurance

What is “Beneficial Ownership Information” reporting, and why do I care?

Beneficial Ownership Information reporting is a crucial mandate impacting over 30 million businesses in 2024. Discover why organizations must take heed and comply with this new federal law. Learn about filing deadlines, exemptions, and the potential penalties for noncompliance.

2024-01-23T11:25:08-05:00December 13th, 2023|Audit and Assurance, Tax|

Dean Dorton launches new Nonprofit Operations Diagnostic Assessment to help Mission Based Organizations reach their Goals

Dean Dorton launches new service for nonprofit organizations to help identify risk and meet organizational goals. Read more about the latest services offerings in this press release.

Dean Dorton launches Environmental, Social and Governance (ESG) Services to help companies reach sustainability goals

Environmental, Social and Governance (ESG) Services to help companies reach their sustainability goals and commitments to the future. Dean Dorton is excited to announce a new ESG focused service that will help businesses develop ESG programs, and impliment processes for accurate reporting.

2023-06-15T14:55:26-04:00July 12th, 2022|Audit and Assurance, Press Releases|

Dean Dorton Launches New Lease Accounting Managed Services to Simplify Complex Lease Accounting for Companies

To assist organizations with their transition to the new accounting standard, Dean Dorton is now providing lease accounting managed services.

2023-06-15T14:55:32-04:00May 17th, 2022|Audit and Assurance, Press Releases|

Key Considerations for Leases Under the New Leasing Standard in Construction

Much like the previous changes to revenue recognition, the new leasing standard can be a complex accounting standard to navigate. This article gives you an overview of key focus areas that should be considered in evaluating leases, especially those where the lessor is a related party.

2023-06-15T14:55:36-04:00March 15th, 2022|Audit and Assurance, Construction|

What are the goals of an Internal Audit and why does my business need it?

We believe that all organizations should have an internal audit function; however, the structure and size of the internal audit function will vary greatly depending on the size and complexity of the organization.

2023-03-12T04:31:27-04:00December 14th, 2021|Audit and Assurance|

Changes in Lease Accounting Are Just Around the Corner

In an article published in the Summer 2016 edition of our newsletter titled “Be Aware of Changes in Lease Accounting,” we introduced readers to upcoming changes in lease accounting under Generally Accepted Accounting Principles (GAAP). The effective date for the new lease accounting standard – known as FASB Accounting Standards Codification (ASC) 842, Leases – is rapidly approaching.

Sustainability and Transparency are Leading Business Forward

While current examples of Environmental, Social, and Governance (ESG) programs are on the larger scale, even small and medium businesses can make impactful sustainability goals aligned and reported on through ESG metrics. A focus on sustainability and transparency with these metrics are a growing trend.

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