FICO score can make a big difference
For most small businesses, the toughest aspect of running the operation is managing cash flow. Most small businesses depend on timely payments from their clients to pay their own bills. However, in difficult times such as these, clients often stretch payment of their invoices to 60 days or longer. In order to be able to Read More →
California losing benefits of green landscape
With California now four years deep into a drought, and more than $350 million frivolously burned in turf removal rebates, Californians want to know … where is the water? At $4,073 per acre-foot, turf removal is the state’s most expensive and least reliable water supply source by far, almost twice as expensive as seawater desalination, Read More →
California’s onerous employment laws continue to vex businesses
Employers continue to be battered by onerous California employment laws, and there is little end in sight. For those employers who can’t move their operations to another state, you’re stuck with the detailed state rules that create traps for employers. One of the latest tactics by plaintiffs’ lawyers is to file lawsuits because of information Read More →
Emergence of the ‘dependent contractor’
A recent decision by the state Division of Labor Standards Enforcement has greatly shaken the California business community. The ruling found that an Uber driver is an “employee” and not an “independent contractor” as the entire industry had previously presumed. Although this decision only pertains to that specific case, it could end up changing the Read More →
Can commercialism, professionalism co-exist in accounting profession?
What we see today in the accounting profession is troubling. Increased commercial activities threatens the independence cornerstone of the profession that underlies its public interest obligation. Audit firms are pushing the envelope in their involvement with non-audit services that makes it appear as though they might compromise their independence on the audit because of these Read More →
