Ask any accountant this year what your business should know, what new standards and rules are in place that will likely affect how you file and adapt to financial regulations, and Tristate accountants come back with anumber of observations:

“No company will be exempted from having internal controls,” notes Bob Taylor, managing partner at Grant Thornton LLP. “But what’s going on in the profession is the profession is trying to go more from being completely rules based to being more prescriptive about every business situation.”
 

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