Sensiba, a leading Northern California-based accounting and business consulting firm, is honored to announce its place among the selected winners of the Real Leaders 2021 “Top Impact Companies” from around the world. Real Leaders recognizes leaders and organizations that are making a positive social or environmental impact. For the second year in a row, Sensiba Read more…
Cash flow is a top concern for most businesses today. Cash flow forecasts can help you predict potential shortfalls and proactively address working capital gaps. They can also help avoid late payments, identify late-paying customers, and find alternative funding sources when cash is tight. Best Practices for Conducting Cash Flow Forecasts Consider applying these four Read more…
When the shelter-in-place order was instituted several months ago, Sensiba was well-positioned to quickly pivot to working remotely. The past few months have proven we can make that work successfully on a much larger scale without sacrificing our commitment to serving you. With our lease coming up for renewal in Morgan Hill this year, we Read more…
Innovative Venture from Top Bay Area Accounting and Consulting Firm Will Guide Companies’ Strategic Transition to Purpose-Driven Business Models PLEASANTON, Calif. — Sensiba, a leading Northern California-based accounting and business consulting firm, is pleased to announce it has launched the Sensiba Center for Sustainability. The newly branded effort brings greater clarity to the firm’s Impact Read more…
Five ethnically diverse students receive up to $20,000 in scholarships and internships with public accounting firms during the 2021 busy season. Pleasanton (September 8, 2020) – Sensiba, a leading Northern California-based accounting and business consulting firm, is pleased to announce the participation in The American Institute of CPAs (AICPA) 2020 George Willie Ethnically Diverse Student Scholarship Read more…
Sensiba Earns Bay Area Top Workplace Distinction for the Seventh Year Sensiba ranked among the top 30 mid-size Bay Area companies Pleasanton, CA – August 24, 2020 – Sensiba, a leading Northern California-based accounting and business consulting firm, is excited to announce that it has been named one of the top mid-size companies by the Read more…
The costs to set up cloud computing services can be significant, and many companies would prefer not to expense these setup costs immediately. Updated guidance on accounting for cloud computing costs aims to reduce differences in the accounting treatment for these arrangements. In a nutshell, the changes will spread more of the costs of implementing Read more…
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Pleasanton, CA — May 20, 2020 — Sensiba, a leading Northern California-based accounting and business consulting firm, is honored to be recognized by Real Leaders Magazine for their 2020 Real Leaders Impact Awards as a 100 Top Impact Company. “To be recognized for our commitment to sustainable leadership is an honor for the SSF team,” said Read more…
Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s financials can be compared to — its own historical performance and the performance of other comparable businesses. Before you conduct a benchmarking study, however, it’s important to make normalizing adjustments to avoid any misleading comparisons. Read more…
Despite Challenges Wrought By COVID-19, San Francisco Bay Area Accounting Firm Sensiba Launches Research & Development Tax Credit Services and Expands Partner Group Pleasanton, Calif., May 4, 2020 – Sensiba, a leading Northern California-based accounting and business consulting firm, is proud to announce the introduction of a Research & Development (R&D) tax credit services practice. Read more…
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, a sweeping economic stimulus package designed to provide financial relief for American individuals and families. Here is a brief overview of the key opportunities you can expect to see in the coming year. Rebates for Individuals Arguably Read more…
For a lot of small to mid-size manufacturing and distribution businesses, there’s a conundrum looming over the accounting department. Often, these departments consist of just a few accountants, possibly a controller or accounting manager. Typically, the business owner serves as the de facto leader. The team can handle payroll, accounts receivable, and accounts payable — Read more…
Over my 39‑year career advising real estate clients on Section 1031 exchanges, I have never encountered a more common (nor more frustrating) question than the following: “How long do we need to hold a property (either before or after an exchange) to qualify for tax-deferred treatment?” While I was well-schooled on the issue, Read more…
Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a recession by mid-2021, according to the 2019 year-end Duke University/CFO Global Business Outlook survey. In light of these bearish predictions, many businesses are currently planning for the next recession. Are you? Here are four steps Read more…
Sensiba was named among the top firms with excellent client service for the 4th consecutive year in a row Pleasanton, Calif., February 5, 2020 – Sensiba, a leading Northern California-based accounting and business consulting firm, is pleased to announce that it has won ClearlyRated’s 2020 Best of Accounting™ Award for providing excellent client service to their clients Read more…