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Tips to Prevent Foreign Object Contamination in Food Manufacturing

Tips to Prevent Foreign Object Contamination in Food Manufacturing

One of the biggest fears of any food manufacturer is the risk of foreign object contamination of their products.  Yet, it seems that there is not a week that goes by without news of another recall related to some type of contamination or issue related to a foreign...

PPP Income Tax Changes

PPP Income Tax Changes

The North Carolina Department of Revenue has announced that expenses that were funded with forgiven PPP loans are now deductible. This means that all recipients, both corporate and individual, that paid income tax on the loan in tax year 2020 are able to file an...

Audit Communications to Plan Sponsors More Robust Under SAS 136

Audit Communications to Plan Sponsors More Robust Under SAS 136

The AICPA’s Statement on Accounting Standards No. 136 (SAS 136) will meaningfully change the audit process for defined contribution plan sponsors. The AICPA issued SAS 136 in July 2019 with the goal of giving readers of the audit report a better understanding of the...

Why Do Small Businesses Fail?

Why Do Small Businesses Fail?

There is nothing like the excitement of starting your own business and being your own boss.  Branching out on your own can be extremely rewarding however, it can also bring many challenges from a financial and operational perspective. In fact, according to data from...