Sensiba mourns the passing of one of their leaders Fresno, Calif., July 22 – It is with heartfelt sadness that we announce the passing of John Moffat, a leader of Sensiba’s Fresno office. John’s passing was sudden and unexpected on Saturday, July 6, at the age of 68. He leaves behind his wife, Jill Read more…
Failure to collect accounts receivable (AR) in a timely manner can lead to myriad financial problems for your company, including poor cash flow and the inability to pay its own bills. Here are five effective ideas to facilitate more timely accounts receivable collections: 1. Create an AR aging report. This report lets you see at Read more…
Sensiba, a leading Northern California-based accounting and business consulting firm, is delighted to announce that it has once again been named one of the top med-size companies by the Bay Area News Group for San Francisco Bay Area’s Top Workplaces of 2019. “Ranking among the top workplaces is a wonderful honor for the firm,” said Read more…
Sensiba, a leading Northern California-based accounting and business consulting firm, is pleased to announce that Bob Belshe has been appointed Audit Partner-in-Charge. Belshe has more than fifteen years of experience providing sophisticated accounting and management services to companies in the San Francisco/Silicon Valley Bay Area. He works extensively with venture-backed, emerging technology companies with an Read more…
Sensiba, a leading Northern California-based CPA and business-consulting firm, is proud to announce the promotion of P. Evan Stephens to Partner effective May 1, 2019. Mr. Stephens joined Sensiba in 2012 as a senior associate and grew his career within Sensiba. He is based in the Firm’s San Jose office and works extensively with the Read more…
Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not right for every situation. What’s lean manufacturing? Lean manufacturers strive for continuous improvement and elimination of non-value-added activities. Rather than scheduling workflow from one functional department to another, Read more…
The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA). Part of the mission behind the AICPA regulations involves the development and enforcement of a broad range of standards for the profession. Why do these standards matter to you? By having a little familiarity with the guidance that accountants and Read more…
With online retail becoming the preferred method of shopping in America, it was only a matter of time until states would start demanding their share of the sales pie. Unlike purchases in a physical store location, loopholes let bargain buyers purchase online goods from out-of-state retailers without having to immediately pay state and local taxes. Read more…
Can financial reporting analysis really help your business grow? Absolutely! To employ a data-driven finance approach, CFOs need to move finance functions up the analytic value chain to offer more detailed analyses, better forecasting, and increasingly granular information on products, suppliers, customers, and more. In turn, their analyses inform the business, increase corporate agility, and point Read more…
It is difficult to be knowledgeable and effective in everything we do. A very wise client once told me, “Do what you do best, and pay someone else to do the rest. “ That advice was true decades ago and I believe still rings true today. Accordingly, as investors, most of us seek the counsel Read more…
Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or other fixed assets. Although there’s no universal “right” choice, many businesses that formerly leased assets are now deciding to buy them. Pros and cons of leasing Pros From a cash flow perspective, leasing can be Read more…
Sensiba partners with Corporate Performance Management (CPM) software to expand cloud-based services Pleasanton, Calif.— February 14, 2019 — Sensiba, a leading accounting and business consulting firm, is pleased to announce a partnership with Limelight, a solution that seamlessly integrates with any ERP for real-time planning, forecasting, and reporting. The partnership will expand Sensiba’s technology offerings Read more…
Sensiba named among the top firms with excellent client service Pleasanton, Calif., February 7, 2019 – Sensiba, a leading Northern California-based accounting and business consulting firm, is pleased to announce that it has won ClearlyRated’s 2019 Best of Accounting™ Award for providing excellent client service to their clients for a third year in a row. Read more…
January is here, and that means that the highly anticipated accounting changes to revenue recognition have become effective. This new guidance, formally referred to as Revenue from Contracts with Customers (ASC Topic 606), will have a significant impact on virtually every business in every industry across the United States. As with all major changes to Read more…
You’ve spent years building your company and now are ready to move on to something else, whether launching a new business, taking advantage of another career opportunity, or retiring. Whatever your plans, you want to get the return from your business that you’ve earned from all of the time and money you’ve put into it. Read more…
Sensiba Mourns the Passing of its Founder PLEASANTON, CA, October 11, 2018 — It is with heartfelt sadness that Sensiba LLP announce the passing of founder Steve San Filippo. Steve’s sudden and unexpected passing happened on the morning of Tuesday, October 9, 2018. He was 67. He leaves behind his wife, Julie, and his three children, Marisa, Read more…
PLEASANTON, CA, September 17, 2018 — Sensiba, a leading Northern California-based accounting and business consulting firm, has been named one of the Greater Bay Area’s Healthiest Employers by Healthiest Employers.com for the eighth year in a row. The 2018 Healthiest Employer winners were selected based on factors contributing to the health of its employees. Sensiba was one Read more…
As a business owner, you likely started your business because of a great product and a passion for your craft. Whether innovating the production of chocolate or sharing your family’s bread recipe with the world, analyzing accounting standards and tracking leases are probably low on your list of leisure priorities. For years, we have been Read more…
When a business owner plans to transfer control of their business to someone else, they typically lean on their close relationship with their accountant. This is where the transition strategy comes into play, as the accountant or trusted advisor can offer valuable guidance and objective insights during a highly emotional process. An advisor will encourage Read more…