News & Blogs
CDH NewsLife After QuickBooks
Nov 29, 2017 | Accounting Services, Blog
For many small and mid-sized businesses, QuickBooks is the preferred accounting software choice for solid reasons. QuickBooks is well-known and easy to use, and it offers the basic functionality that almost any business can use to get off the ground. Unfortunately,...
Proven Way to Grow Your Business – Executive Focus
Nov 29, 2017 | Executive Focus
CDH’s Executive Focus service is equipped to help improve performance of your organization at any stage. In today’s competitive environment, businesses must strive to streamline processes and leverage technology to achieve effective change management. CDH’s Executive...
Move to the Cloud with Sage Intacct
Dec 28, 2017 | Blog, Sage Intacct
Sage Intacct today is a cloud app doing the heavy lifting of mapping transactions to financials so businesses can spend more time analyzing data and making better, faster decisions. Cloud ERP and accounting software represent the beginning of what will transform our...
ASC 606 & IFRS 15 – Are You Ready?
Dec 28, 2017 | Assurance, Blog
Here is an interesting article about the new revenue recognition rule (ASC 606) and accounting software requirements. By Intacct Staff Writer To start, both private and public companies are facing the biggest accounting change in a decade. The new standard...
CDH Announces New Principal Promotions
Jan 29, 2018 | Blog
CDH is excited to announce the promotions of Yoko Yamamoto and Phil Lampugnano to the position of Principal. Yoko Yamamoto joined CDH in 2006 as a Senior Accountant in the Business Advisory Services Group, providing financial accounting and tax advice to...
Do You Have an Engaged Management Team?
Jan 29, 2018 | Executive Focus
As the CEO or President of your company do you sometimes find that the level of engagement within your management team is lacking? That individual managers are only focused on their own functional area at the detriment of the entire organization? Part of the issue...
Have You Reviewed Your Anti-Harassment Policy?
Jan 29, 2018 | Human Resources
After several months of news coverage and conversations regarding workplace harassment claims, I am struck by the emotion this topic evokes. The most painful, of course, are from the victims; but also impactful are the reactions from many business leaders who...
Being “Comfortable” is Risky
Jan 29, 2018 | Blog, Sage Intacct
Being “comfortable” is risky…….with outdated Excel reporting on key financial metrics Most accounting staff have used and developed reports off Excel. It’s a global tool but often will mutate into different versions of reality, especially when formulas are derived...
Overcome Complacency with an Open Book Management Policy
Feb 26, 2018 | Blog, Executive Focus
I was recently asked by the facilitator of a local Business Practice Organization to make a presentation to their group about what types of information do companies share with their managers and employees such as sales, margin, and profit. Even more specifically,...
Properly Managing Data for AI
Feb 26, 2018 | Blog, Sage Intacct
AI is here. One of the significant challenges is properly managing the data for AI. The cloud and Sage Intacct start this process by providing the foundation for AI to extract meaningful transactional data. Only after a clean data extraction can AI start the process...
Unique Health Insurance Solution For Small Employers Owned by a Foreign Parent
Feb 26, 2018 | Benefits Consulting, Blog
In 2014, the Affordable Care Act or ACA changed the way insurance companies were allowed to rate small group health insurance plans. Prior to the ACA, insurers were allowed to rate plans based on factors such as insured members’ age/gender/health, location of the...
Engaging in the Recruiting Process to Create a Championship Team
Feb 26, 2018 | Blog, Human Resources
As the college basketball season kicks into high gear I am struck by the similarities between the elements it takes to create a championship basketball team and the expectations of a recruiter working for any business. Being an HR professional, I spend a great deal...
ASC 606 – The New Revenue Recognition Standard Will Change How Companies Recognize Revenue. Are You Ready?
Feb 27, 2018 | Assurance, Blog
The new standard requires significant management judgement and the changes will impact software, procedures, systems, and financial reporting. CDH is here to discuss these changes with you and be your trusted resource. How will these changes affect my business...
Why QuickBooks Fails on New Revenue Recognition ASC 606
Mar 19, 2018 | Blog, Sage Intacct
Here’s one reason why QuickBooks can’t handle the new revenue recognition rules…… The new revenue recognition rule, ASC 606 takes effect for public companies in 2018 and in 2019 for private companies. Here’s how QuickBooks will “handle” the new revenue recognition...
ASC606- Revenue Recognition Standards
Mar 21, 2018 | Assurance, Blog
The biggest accounting standards change since the implementation of the Sarbanes Oxley Act back in 2002 is hitting the accounting profession – a change to the revenue recognition standards. This new standard, known as Accounting Standards Codification (“ASC”) 606-...
Product Line Profitability
Mar 21, 2018 | Blog, Executive Focus
Over the years I have worked with a number of companies in the consumer products arena. One of the critical topics of discussion is always product line profitability. Which of our products truly contribute the most to our bottom line? In connection with the issue of...
Employees Requesting More Feedback
Mar 22, 2018 | Blog, Human Resources
Over the last two years HR professionals have been grappling with the idea of ditching annual performance reviews. Historically, both the employees and supervisors dread the annual review process, at the same time, many supervisors believe they have regular contact...
Revenue Recognition- Lessons from Public Co Adoption
Apr 17, 2018 | Assurance, Blog
Revenue Recognition – Bite-Size Education Lessons from Public Company Adoption Lessons from Public Company Adoption: The new Standard often requires companies to obtain new information to meet the accounting and disclosure requirements Even though the effect on...
The Accounting Technologist
Apr 18, 2018 | Blog, Sage Intacct
Today most accountants consult on traditional services like tax, compilation and audit. The new accounting vision is to become more tech savvy and advise clients on moving away from older/out of date/on-site legacy ERP/accounting systems so they can close the books...
Executive Focus can help manage your Operating Expenses
Apr 18, 2018 | Blog, Executive Focus
Executive Focus can help manage your Operating Expenses. I have noticed this year that many of my clients gross profit %’s are on track to last year and budget, but there appears to be a disconnect with some companies in regards to some higher operating expenses. Of...
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