In the world of business, problems arise every day. A simple mistake in financial reporting can lead to consequences that set your business back. Keep your business moving forward with Darnall, Sikes & Frederick. We apply our technical expertise to a complete range of accounting and financial services in order to provide you with the security your business needs.
3 steps to “stress test” your business
During the COVID-19 crisis, you can’t afford to lose sight of other ongoing risk factors, such as cyberthreats, fraud, emerging competition and natural disasters. A stress test can help you assess your level of preparedness and reduce any vulnerabilities. When conducting a stress test, follow these three steps: 1) identify the risks your business faces, 2) establish a risk management strategy, and 3) review and update your strategy. We can help you assess current risks and develop a plan that’s right for your business.
August 19, 20
The possible tax consequences of PPP loans
Businesses that received PPP loans should be aware of the tax consequences. Here’s a look at the issue.
August 12, 20