CPA

Living Your Vision Part 1

This article begins a new journey for you the reader and for us as well. Through this series of editorials we are going to try to help you create a…

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Did the 2018 Farm Bill Deschedule CBD?

In recent years, cannabis by-product cannabidiol (CBD) has earned great public acclaim for its purported health benefits, launching an industry that is expected to eclipse $1B in 2019. Laboratory research…

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Tax Reform: Finding Opportunities Before 2019

As 2018 closes out it’s time to move into year-end tax planning, and examine tax savings opportunities. Helpful in this process is the fact that Business owners now have some…

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Effective Communication Delivers Audit Transparency

The November 2017 issue of CSMFO Magazine featured an article, written by MGO’s Senior Assurance Partner Jim Godsey, focused on best practices for communication in the audit process. The full…

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Guidance for Government Contractors Implementing Revenue Recognition Standards

Government Contractor, MGO, Consultants, Revenue Recognition, FASB, Best Practices

In May 2014, the Financial Accounting Standards Board (“FASB”) issued the new revenue recognition standard: Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers. This revenue standard will supersede…

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