Preparing for a financial statement audit can be challenging for not-for-profit organizations. Here are some tips to help: Frequent Communication: Establishing a consistent dialogue with your auditor is crucial for […]...
Governmental Accounting Standard Board (GASB) Statement No. 103, Financial Reporting Model Improvements, supersede several paragraphs of GASB Statement No. 34, Basic Financial Statements—and Management’s Discussion and Analysis—for...
Closely held businesses have already faced a challenging operating environment in 2025. As we near the end of 2025 the impact of expiring tax provisions and a new tax bill […]...
Closely held businesses face a unique set of challenges in 2025 as they navigate an evolving landscape shaped by economic uncertainty, regulatory shifts, workforce changes, and the realities of hybrid […]...
In June 2024, the Supreme Court ruled that the SEC’s use of administrative proceedings to impose penalties violates the 7th Amendment. This ruling could reshape regulatory enforcement across industries. Key […]...
If you’re a public finance officer tasked with preparing your organization’s Annual Comprehensive Financial Report (ACFR), you’ve probably asked yourself: “How can we accelerate our year-end reporting process?” “What can...
As we approach 2025, it’s essential to stay informed about the latest adjustments to retirement plan contribution limits. These changes, driven by cost-of-living adjustments (COLAs), impact various retirement accounts, including...
In my last article, I discussed the complexity of governmental financial statements and what is included in an Annual Comprehensive Financial Report (ACFR). As you read through the ACFR, the […]...
On November 5, 2024, former President Donald J. Trump was elected to serve as the 47th President of the United States (the “U.S.”). As of today, it is now certain […]...
As President-elect Donald Trump prepares to take office, investor-backed businesses are closely monitoring the potential impacts of his policy agenda. Trump’s campaign promises, ranging from tariffs to deregulation, carry both...
As we step into 2025, it’s the perfect time to reflect on our commitments to giving back and making a positive impact in our communities. At SingerLewak, we believe in […]...
Election cycles always raise discussions about taxes and this one is certainly no exception. A quick history of tax legislation reminds us that federal tax bills must be introduced in […]...
Starting a franchise can be a highly effective growth strategy for many companies, but success in franchising is not guaranteed. There are common pitfalls or “landmines” that emerging franchise brands […]...
If you have ever picked up a copy of your city’s annual comprehensive financial report, your first thoughts might have been, “Why is this so thick?” and “How do I […]...
In the dynamic world of closely held businesses, ensuring the stability and continuity of the company is paramount. One of the most critical tools in achieving this is a well-drafted […]...
Attracting Talent Starts with a Strong Plan Attracting talented and qualified employees to carry out the Credit Union’s mission of member service is a key driver of the organization’s success. […]...
The One Big Beautiful Bill (“OBBB” or the “Act”) was signed into law on July 4, 2025. The OBBB contained many important tax changes that are likely to impact significant […]...
As the economy stabilizes in 2025, merger and acquisition (M&A) activity is rebounding, particularly in the lower-middle market, where strategic acquisitions and exits are accelerating. In this environment, one of […]...
Americans breathlessly and nervously await the ultimate fate of the “One Big Beautiful Bill” and its impact on the economy, the community, and our personal bank accounts. As soon as […]...
Governmental Accounting Standard Board (GASB) Statement No. 104, Disclosure of Certain Capital Assets, is a relatively short standard that includes requirements primarily over the classification and disclosure of certain capital […]...
In June 2024, the Supreme Court ruled that the SEC’s use of administrative proceedings to impose penalties violates the 7th Amendment. This ruling could reshape regulatory enforcement across industries. Key […]...
Passive activities are business ventures or investments in which the taxpayer does not materially participate. This classification is significant for tax purposes, as it determines how income and losses from […]...
As we approach 2025, it’s essential to stay informed about the latest adjustments to retirement plan contribution limits. These changes, driven by cost-of-living adjustments (COLAs), impact various retirement accounts, including...
In my last article, I discussed the complexity of governmental financial statements and what is included in an Annual Comprehensive Financial Report (ACFR). As you read through the ACFR, the […]...
On November 5, 2024, former President Donald J. Trump was elected to serve as the 47th President of the United States (the “U.S.”). As of today, it is now certain […]...
The decision to exit the market is never easy, especially for family-owned businesses that have been built on years of hard work, dedication, and tradition. In 2025, as you consider […]...
2025 is upon us. A clean slate once again. If, like many, you welcome the coming of the new year with the intent to make positive changes, you might consider […]...
What are the effective dates of the pass-through entity tax (PTET)? The elective pass-through entity tax (PTET) is effective for tax years beginning 1/1/2021 and before 1/1/2026. The California PTET […]...
Election cycles always raise discussions about taxes and this one is certainly no exception. A quick history of tax legislation reminds us that federal tax bills must be introduced in […]...
If you have ever picked up a copy of your city’s annual comprehensive financial report, your first thoughts might have been, “Why is this so thick?” and “How do I […]...
Important Federal Tax Tasks for Individual Taxpayers by April 15, 2024 File an income tax return (Form 1040) for 2023 and pay any tax due. You can request an automatic […]...
A FRESH PERSPECTIVE FOR AN EVOLVING ECONOMY In an economy marked by volatility, concerns about inflation, and shifting regulatory demands, credit unions are being asked to do more than ever […]...
For credit unions, mergers and acquisitions have proven to be powerful strategies for expanding market share, enhancing capabilities, and maintaining competitiveness. Rather than simply focusing on growth for its own […]...
CECL Model Validation for Credit Unions: Compliance, Accuracy, and Continuity In our evolving world of financial services, credit unions must adapt to a complex, transformative regulatory landscape. Among key requirements […]...
An estimated 98% of organizations worldwide have relationships with at least one third-party vendor that’s been breached.1 The NCUA recently reported an increase in cybersecurity attacks on credit union vendors […]...
Credit unions first appeared in the United States back in the 19th century and they have always been champions of community-focused banking. At the core of every credit unions’ mission […]...
In an increasingly complex business landscape, small and medium-sized enterprises (SMEs) must proactively manage risk and implement effective internal controls to ensure operational resilience and long-term success. While SMEs may […]...
Election cycles always raise discussions about taxes and this one is certainly no exception. A quick history of tax legislation reminds us that federal tax bills must be introduced in […]...
In the ever-evolving landscape of business, regulatory compliance has become a critical focus for investor-backed companies. Ensuring adherence to regulations not only protects the business from legal repercussions but also […]...
Perhaps you’ve been through a Digital Transformation project before (examples: ERP upgrade, CRM implementation, etc.). If so, you recognize their potential benefits. You also know just how hard they are. […]...
Important Federal Tax Tasks for Individual Taxpayers by April 15, 2024 File an income tax return (Form 1040) for 2023 and pay any tax due. You can request an automatic […]...
Credit unions first appeared in the United States back in the 19th century and they have always been champions of community-focused banking. At the core of every credit unions’ mission […]...
SingerLewak LLP, a top 100 accounting and consulting firm based in the U.S. since 1959 has announced its intention to combine with Lemke, Chinen & Tanaka. Since 1943 Lemke, Chinen & Tanaka have provided audit, back-office accounting,...
Estate planning is a crucial aspect of financial management that goes beyond just distributing your wealth. It involves a strategic approach to maximizing your legacy, mitigating taxes, and fostering harmony […]...
SingerLewak, a leading West Coast based accounting and consulting firm, is pleased to announce its combination with Jerome Bellotti & Associates, a full-service accounting and tax firm based in Los […]...
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed David Finkelstein to the Private Company Council (PCC), effective January 1, 2024. Mr. Finkelstein replaces former PCC member […]...
With 2024 around the corner, many entities are working through their IT budgeting process. Clearly, things are very different than they were a year ago; your ’24 IT budget is […]...
SingerLewak, a Top 100 firm, is combining operations with HBLA. SingerLewak, a Top 100 firm headquartered in Los Angeles, California, with additional locations in Northern California, Colorado, Georgia, Nevada, Oregon, […]...
SingerLewak LLP, a top 100 accounting and consulting firm based in the U.S. since 1959 has announced its intention to merge with JRRO, LLP. JRRO is a firm of business […]...
Effective communication is essential to help clients achieve their financial goals and build long-lasting relationships. Clear, transparent, and empathetic communication is the foundation of successful financial advisory services. In...
Creating RIF-TS What does the IRS Reduction in Force mean for you? I am sure we have all heard by now of the plans to cut federal spending by significantly […]...
As the fiscal year-end approaches, state and local governments should prepare for the implementation of GASB Statement No. 102, Certain Risk Disclosures. Key Concepts Concentration: A lack of diversity in […]...
Welch&Co invoices prior to May 1, Click Here Please click the link below after May 1for Welch and Company, A Division of SingerLewak. SingerLewak Registered Users Portal Entrance At SingerLewak, […]...
Los Angeles, CA — SingerLewak, LLP proudly announces the addition of Eric Weis and Jonathan Drugge as Partners within the firm, effective immediately. Eric Weiss joins SingerLewak’s Business Informatics Practice […]...
Executive Summary Since his return to the Oval Office, President Trump has implemented a series of customs, tariffs, and trade policies aimed at protecting American industries and addressing international trade […]...
Developing a Franchise Growth Strategy Under a Business-Friendly Administration A business-friendly administration offers an ideal environment for franchise growth, providing policies and resources that lower operational barriers and...
SingerLewak LLP, a respected top 100 accounting and consulting firm established in the U.S. since 1959, is pleased to announce that the partners of Farber Hass Hurley Ventura County LLP […]...
As we step into 2025, it’s the perfect time to reflect on our commitments to giving back and making a positive impact in our communities. At SingerLewak, we believe in […]...
Election cycles always raise discussions about taxes and this one is certainly no exception. A quick history of tax legislation reminds us that federal tax bills must be introduced in […]...
Setting Boundaries: Establishing clear boundaries between work and personal life is essential. This might include setting specific work hours and sticking to them, as well as taking regular breaks to […]...
Attracting Talent Starts with a Strong Plan Attracting talented and qualified employees to carry out the Credit Union’s mission of member service is a key driver of the organization’s success. […]...
SingerLewak LLP, a top 100 accounting and consulting firm based in the U.S. since 1959 has announced its intention to combine with Lemke, Chinen & Tanaka. Since 1943 Lemke, Chinen & Tanaka have provided audit, back-office accounting,...
SingerLewak, a leading West Coast based accounting and consulting firm, is pleased to announce its combination with Jerome Bellotti & Associates, a full-service accounting and tax firm based in Los […]...
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed David Finkelstein to the Private Company Council (PCC), effective January 1, 2024. Mr. Finkelstein replaces former PCC member […]...
SingerLewak, a Top 100 firm, is combining operations with HBLA. SingerLewak, a Top 100 firm headquartered in Los Angeles, California, with additional locations in Northern California, Colorado, Georgia, Nevada, Oregon, […]...
SingerLewak LLP, a top 100 accounting and consulting firm based in the U.S. since 1959 has announced its intention to merge with JRRO, LLP. JRRO is a firm of business […]...
SingerLewak, a Top 100 Firm servicing clients since 1959, is pleased to announce it has entered into a combination agreement with Hearthstone CPA Group. SingerLewak provides expertise in accounting, tax, […]...
Don’t be the next Cyber breach statistic just because you trusted your IT provider without validating their capabilities Author: Carl Grifka SingerLewak’s Cybersecurity professionals provide insights to help management team […]...
In Cybersecurity, the famous sports adage applies: “Outstanding Defense is the Best Offense” Author: Eric Rockwell; Contributors: Carl Grifka and Bob Green SingerLewak’s Cybersecurity professionals provide insights to help management...
In an increasingly complex business landscape, small and medium-sized enterprises (SMEs) must proactively manage risk and implement effective internal controls to ensure operational resilience and long-term success. While SMEs may […]...
Creating RIF-TS What does the IRS Reduction in Force mean for you? I am sure we have all heard by now of the plans to cut federal spending by significantly […]...
In today’s fast evolving digital landscape, cybersecurity is not just an IT issue; it is a critical business risk that demands the attention of your entire leadership team. The typical […]...
Author: Carl Grifka, CISSP, CISA, CISM, PMP, Managing Director, SingerLewak LLP...
Carl Grifka Risk Advisory & Cybersecurity, Managing Director at SingerLewak,...
Stuck with an Ineffective ERP or CRM system? You’re in good company. (Good news – you may not need new software to get to a better place.) I’ve posted this […]...
Perhaps you’ve been through a Digital Transformation project before (examples: ERP upgrade, CRM implementation, etc.). If so, you recognize their potential benefits. You also know just how hard they are. […]...
With 2024 around the corner, many entities are working through their IT budgeting process. Clearly, things are very different than they were a year ago; your ’24 IT budget is […]...
Cybersecurity for NFPs: Timely learnings - and - Incident Response Preparedness Presented by SingerLewak
Business Systems - Cybersecurity Details Learn how to ensure that your cybersecurity program is effective with this free webinar! In this session, we'll review cyber compliance to help you understand what is required as...
You win the bid. What's next? A virtual roundtable discussion webinar with industry experts. Details: Learn how to sell to the Federal Government with this free webinar! In this session, we'll review the steps...
