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Insight
Choosing the Right Financial Close Software: BlackLine vs. FloQast
As mid-market companies evaluate software solutions to improve the efficiency of their financial close, the final choice is often between BlackLine and FloQast. Both solutions help finance teams improve monthly and quarterly closes by managing tasks and tracking certifications of account reconciliations. However, depending on your organization’s needs, one may be the more suitable option. Read more…
Insight
What is Biodiversity and How Does Business Come into Play?
Biodiversity is the variety of life on Earth, including species, ecosystems, and genetic diversity within species. It encompasses the diversity of plants, animals, and microorganisms, as well as the ecosystems they form and the variety of interactions between species. The importance of biodiversity to ecosystems Biodiversity is essential for our planet’s ability to function and Read more…
White Paper
Implementing the New ASC 842 Lease Accounting Standard
The new ASC 842 lease accounting standard, has become effective for private companies for fiscal years beginning after December 15, 2021. For calendar-year-end companies, adopting ASC 842 requires practical implementation plans to, for the first time, account for operating leases on the balance sheet.
White Paper
SOC 2 & Risk Management
Formally identifying and addressing risk is an audit requirement, but is also a responsible exercise for your company to undertake. Download our guide and gain insight into the types of risks that should be on your radar.
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Peer Review Report
White Paper
5 Things to Do Prior to a SOC 2 Audit
Learn how to avoid the most common mistakes that can increase the complexity and cost of obtaining a SOC 2 compliance report.
Insight
Lease Reassessment and Remeasurement Requirements Under the ASC 842 Accounting Standard
Now that your company has transitioned to the ASC 842 Lease Accounting standard, what comes next? What do you do when the lease arrangement changes, or the facts and circumstances change after your initial adoption? Overview of ASC 842 Adoption Process It’s important to remember the ASC 842 adoption process doesn’t represent an end goal. Instead, Read more…
Leader
John D. Sensiba
News
Sensiba LLP Named 2023 Top 100 Firm by Accounting Today
Sensiba LLP, a leading U.S.-based accounting and business consulting firm, has been named a 2023 Top 100 Firm by Accounting Today. The magazine annually ranks the 100 largest accounting firms in the United States. Sensiba, which had previously been cited on the publication’s “Firms to Watch” list, was also honored as a Regional Leader in Read more…
Insight
Data Visualization in Accounting and Auditing
Data Visualization in accounting and auditing has become increasingly important in recent years. Graphs, performance dashboards, and other visual aids can help managers, investors, and lenders digest complex financial information. Likewise, auditors use visual aids during a financial statement audit to quickly identify trends and anomalies that warrant attention. Powerful Tool Your auditor uses many Read more…