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CDH News
Ditching QuickBooks: Why No One Will Miss It
When companies decide to leave QuickBooks, few people object. Have you reached the expiration date on your accounting software?
COVID-19 Relief: FASB Approves Delays in Certain Accounting Updates
The Financial Accounting Standards Board (“FASB”) is providing some relief to private companies affected by COVID-19 by approving a delay in the implementation of certain accounting standards. The FASB acknowledges that many non-public business entities rely heavily...
The Healthcare Hangout is Back!
The Healthcare Hangout is Back!We’ve spent the last few weeks working on bringing you more great content. New sessions have been added to the Healthcare Hangout online series which will start on September 17 and run through the end of 2020. Join us online for...
Are You Ready to Apply for PPP Loan Forgiveness?
Are You Ready to Apply for PPP Loan Forgiveness?Ever since the CARES Act was signed into law on March 26, 2020, followed by the enhancements provided by the Paycheck Protection Flexibility Act signed into law on June 5, 2020, there have been a flood of FAQs and...
COVID-19 Payroll Tax Deferral Update
On August 8, 2020, President Trump issued an executive order to defer the withholding, deposit, and payment of the tax employees pay towards Social Security starting September 1 through December 31, 2020. The order affects employees whose biweekly pay is below $4,000...
The Top Five Limitations of QuickBooks
For many small and mid-sized businesses, Intuit QuickBooks is usually the first choice for financial software in the organization’s early days – and for good reasons. QuickBooks is well-known and very easy to use, and it offers the basic functionality that almost any...
CDH Principal Named to 2020 Notable Minorities in Accounting, Consulting & Law by Crain’s Chicago Business
Prestigious list honors CDH leader’s efforts with Japanese individuals living in the United States ITASCA, IL (December 17, 2020)— Hikaru (Koh) Fujimoto, Principal and former Managing Principal of CDH, P.C. (CDH), was recognized as one of the 2020 Notable...
CDH Expands Technology Solutions Practice with Acquisition
For Immediate Release CDH Acquires ADS Business Intelligence; Strengthens Its Position in the Technology Industry Itasca, IL – July 21, 2020 – Leading international accounting and consulting firm CDH, P.C. announces acquisition of cloud solutions provider, ADS...
Pandemic Effects on Accounting for AR and Inventory
The COVID-19 pandemic has had significant impact on businesses and the economy. While the full extent and duration remains unclear, how the pandemic affects the accounting of accounts receivable and inventory needs to be considered. Collectability of Accounts...
Accounting for Forgivable Loans
Congress established the Paycheck Protection Program (PPP) to provide relief for small businesses as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), and there have been a lot of questions and uncertainty around the program. The AICPA has...
Improve Data Analysis for Better Business Decisions
One of the best examples of something gone terribly wrong is New Coke. In 1985 Coke decided to change the iconic formula of Coke to re-energize the brand and battle with Pepsi to take more market share. Based on taste tests of nearly 200,000 it was decided that the...
Everyone Qualifies for R&D? Or Do They?
Everyone Qualifies for R&D. Really? That would be the best statement ever, if only it were true. I’ve been in the tax consulting business for over 15 years and have met with thousands of companies across the country, some considered to be the most innovative in...
Why Nonprofits Flock to Sage Intacct
“It’s easy, it’s powerful, it’s cost effective, and the reporting is really flexible” That’s how Don Miller, Chief Financial and Administrative Officer for Meals on Wheels, describes the financial management solution Sage Intacct. Despite that praise, however, the...
Strategies and Tools for SaaS Finance Leaders
Please be our guest for the SaaS Success Series! Join us online for a complimentary 4-week series for SaaS finance leaders focused on how we can lead our organizations out of crisis and re-ignite growth. SaaS experts and SaaS finance leaders throughout the country...
PPP Flexibility Act Signed Into Law
The Paycheck Protection Program Flexibility Act was signed into law on June 5, 2020. The Act amends the Paycheck Protection Program (PPP) to give businesses an extended period to spend the loan proceeds in addition to other more lenient conditions to qualify for...
PPP Loan Forgiveness Application Update
May 19,2020 The Small Business Administration (SBA) has released the Paycheck Protection Program Loan Forgiveness Application and Instructions. The documents released on May 15, 2020 will help small businesses seek forgiveness at the conclusion of the eight week...
Anixter Testimonials
"With CDH's implementation of Sage Intacct dashboards, our CEO, VP's and Directors now have access to real time data to make more timely, informed decisions." — Jennifer Johnson, Sr. Director of Financial Reporting & Analysis, Anixter Center
The Impact of Initial Design
May 18, 2020 There’s a difference between wanting to check your email, Facebook notifications and spending your time well. Years ago business people were addicted to Blackberries, now they are addicted to their iPhone. Today designers need to consider the downstream...
2020 Best Places to Work in Illinois
May 18, 2020 CDH, P.C. was recently named as one of the 2020 Best Places to Work in Illinois. The awards program began in 2006 and is promoted by The Daily Herald Business Ledger in partnership with the Illinois Chamber of Commerce, MRA-The Management Association, the...
CFO 3.0 – Are You There Yet?
May 18, 2020 What makes today’s CFOs different from the finance experts of the past? Data, primarily. In the era of CFO 1.0, the goal was collecting as much data as possible to figure out what was going on. After the evolution to CFO 2.0, the focus shifted to...
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