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Today's Economic News and its Accounting Relevance
Today, April 1, 2025, economic news highlights several developments with implications for accounting practices and financial reporting....
SoFla Prime
Apr 13 min read


How to Verify Your Supply Lines to Minimize Tariff Exposure: An Accounting Standards Perspective
In today’s globalized economy, businesses face increasing complexities when managing supply chains, particularly with the ever-present...
SoFla Prime
Mar 314 min read


Understanding the Role and Importance of CFO Services
In today's fast-paced business environment, financial management has never been more crucial. Chief Financial Officers (CFOs) play a...
SoFla Prime
Mar 314 min read


Effective Lease Administration and Analysis: Navigating GAAP Compliance
In today’s complex business environment, managing leases effectively is more critical than ever. Whether it’s office space, equipment, or...
SoFla Prime
Mar 274 min read


An Overview of Financial Services for Modern Businesses
In today's fast-paced economy, a robust financial services sector plays a critical role in the success of modern businesses. These...
SoFla Prime
Mar 264 min read


The Accounting Industry’s Consolidation Conundrum: A Look at SoFla Prime Consulting and Douglas Kohn, MBA, CPA
The accounting industry is at a crossroads. With mass retirements of Certified Public Accountants (CPAs) and a shrinking pipeline of new...
SoFla Prime
Mar 264 min read


Navigating Today’s Economy: What CFOs Need to Know (and How SoFla Prime Consulting Can Help!)
Fr. Luca Pacioli, the Father of Accounting Hey there, South Florida CFOs! It’s March 25, 2025, and the economic headlines are buzzing...
SoFla Prime
Mar 242 min read


Building Financial Models for Uncertainty
In today's rapidly changing business environment, uncertainty is the only constant. Companies face various challenges due to economic...
SoFla Prime
Mar 234 min read
Updates On Economic News and its Accounting Affect
Mastering the U.S. Financial Terrain: Insights from Finance, Accounting, and the FOMC Posted on March 23, 2025 by SoFla Prime Consulting...
SoFla Prime
Mar 234 min read


Exploring the Intriguing World of Medieval and Renaissance Banking and Accounting Through Neoclassical Images in France: A Unique Perspective
The vibrant history of banking and accounting during the Medieval and Renaissance periods offers an exciting glimpse into the financial...
SoFla Prime
Mar 213 min read


How Can Recent Economic Trends Influence Accounting Practices in Today's Uncertain Market?
In today’s fluctuating economic climate, businesses face a barrage of challenges that significantly affect their operational paradigms....
SoFla Prime
Mar 183 min read


Money Supply, Interest Rates and You
As of March 16, 2025, the U.S. economy reflects resilience amid turbulence. Consumer sentiment dropped to a 2½-year low (Reuters, March...
SoFla Prime
Mar 161 min read
Inflation Update and its Accounting Affect
Inflation Update: February 2025 Numbers and Their Accounting Impact The latest Consumer Price Index (CPI) report, released on March 12,...
SoFla Prime
Mar 152 min read


The Accounting Impact of Real Estate on Tech Startups
Real estate decisions can significantly influence the financial health and accounting practices of tech startups, which often operate...
SoFla Prime
Mar 142 min read
Tech Start Up Accounting Issues
Tech startups are known for their innovation, agility, and rapid growth potential. However, amidst the excitement of building...
SoFla Prime
Mar 132 min read
Navigating Accounting, Budgeting, and Forecasting Challenges for Luxury Home Builders
Building luxury homes demands craftsmanship and hefty financial investment, but accounting, budgeting, and forecasting challenges can...
SoFla Prime
Mar 102 min read


Understanding Variances in Business Financials
In the complex world of business finance, understanding variances in financial data is crucial. Variances can provide insights into how a...
SoFla Prime
Mar 104 min read


Notes on ASC 842 for Leasing
ASC 842: Simplifying Lease Accounting ASC 842, introduced by the Financial Accounting Standards Board (FASB), revolutionized lease...
SoFla Prime
Mar 91 min read


DOGE
The Department of Government Efficiency (DOGE), led by Elon Musk under President Trump, is tackling federal waste with a bold $2 trillion...
SoFla Prime
Mar 51 min read


How Outsourcing Accounts Payable Can Save Time
In today's fast-paced business environment, managing finances efficiently is crucial for any organization. One area that often demands...
SoFla Prime
Mar 34 min read
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