News & Blogs
CDH NewsUpskilling: The New Buzz Word
Lauren Weber, Wall Street Journal wrote a recent article about companies failing to reskill their employees in this age of disruption. Companies can’t assume the “buy, not build” talent strategy because it’s getting more difficult to acquire the necessary skill sets...
What Happens If you Receive Inheritance from Non-residents?
Green Card Holder Manual Often a green card holder or a first generation, foreign born American receives inheritance from his/her parents. In this blog, I will give you the big picture of how this works. ESTATE OF US NONRESIDENT Deceased is a US nonresident If your...
Replacing Accountants Is More Expensive Than You Expect
In a recent post, we explored the challenges of recruiting and retaining accounting talent right now. Demand for qualified accountants is extremely high at the same time that supply is low and attitudes about company loyalty are changing. As a result, it’s almost...
The Future of Work is Multi-Disciplinary Expertise
The future of work will probably look a lot different than today, especially for the accounting field and other white collar jobs. Accounting firms today may offer tax and audit but will need to become versed in multi-disciplinary expertise like consulting or other...
EB-5 Program: A Unique Way to Obtain a Green Card
In 2016, there were approximately 10,000 people who obtained green cards through the EB-5 program. The top five countries of the number of applicants were: China 7,516 Vietnam 334 Korea 260 Taiwan 203 Brazil 150 This program may be suitable for a person who is: Able...
KI Testimonials
"We consider CDH’s Executive Focus to be a key component of our success and would recommend it to any company wishing to improve their understanding of their business and financial measures." — Nick Guerrieri, CFO/Treasurer, KI
Camcraft Testimonial
"The Executive Focus charts have been a great tool for us and are a very effective way to monitor our business. I highly recommend CDH’s services." — Mike Bertsche, CEO, Camcraft
Offsite Backups: Don’t Wait Until It’s Too Late!
In today’s world, business owners generally understand the need for backing up their company data. They know data is the lifeblood of the business and that it, therefore, must be protected, but they often don’t understand at even a high level how data gets backed up...
Is Self-Insuring Your Health Plan Something You Should Consider?
Employers have self-insured their health plans for many years, but historically self-insurance was a solution for large employers only. Unfortunately, small employers have found themselves battling large healthcare increases with little warning and minimal to no data...
Life After QuickBooks
For many small and mid-sized businesses, QuickBooks is the preferred accounting software choice for solid reasons. QuickBooks is well-known and easy to use, and it offers the basic functionality that almost any business can use to get off the ground. Unfortunately,...
Proven Way to Grow Your Business – Executive Focus
CDH’s Executive Focus service is equipped to help improve performance of your organization at any stage. In today’s competitive environment, businesses must strive to streamline processes and leverage technology to achieve effective change management. CDH’s Executive...
Move to the Cloud with Sage Intacct
Sage Intacct today is a cloud app doing the heavy lifting of mapping transactions to financials so businesses can spend more time analyzing data and making better, faster decisions. Cloud ERP and accounting software represent the beginning of what will transform our...
ASC 606 & IFRS 15 – Are You Ready?
Here is an interesting article about the new revenue recognition rule (ASC 606) and accounting software requirements. By Intacct Staff Writer To start, both private and public companies are facing the biggest accounting change in a decade. The new standard...
CDH Announces New Principal Promotions
CDH is excited to announce the promotions of Yoko Yamamoto and Phil Lampugnano to the position of Principal. Yoko Yamamoto joined CDH in 2006 as a Senior Accountant in the Business Advisory Services Group, providing financial accounting and tax advice to...
Do You Have an Engaged Management Team?
As the CEO or President of your company do you sometimes find that the level of engagement within your management team is lacking? That individual managers are only focused on their own functional area at the detriment of the entire organization? Part of the issue...
Have You Reviewed Your Anti-Harassment Policy?
After several months of news coverage and conversations regarding workplace harassment claims, I am struck by the emotion this topic evokes. The most painful, of course, are from the victims; but also impactful are the reactions from many business leaders who...
Being “Comfortable” is Risky
Being “comfortable” is risky…….with outdated Excel reporting on key financial metrics Most accounting staff have used and developed reports off Excel. It’s a global tool but often will mutate into different versions of reality, especially when formulas are derived...
Overcome Complacency with an Open Book Management Policy
I was recently asked by the facilitator of a local Business Practice Organization to make a presentation to their group about what types of information do companies share with their managers and employees such as sales, margin, and profit. Even more specifically,...
Properly Managing Data for AI
AI is here. One of the significant challenges is properly managing the data for AI. The cloud and Sage Intacct start this process by providing the foundation for AI to extract meaningful transactional data. Only after a clean data extraction can AI start the process...
Unique Health Insurance Solution For Small Employers Owned by a Foreign Parent
In 2014, the Affordable Care Act or ACA changed the way insurance companies were allowed to rate small group health insurance plans. Prior to the ACA, insurers were allowed to rate plans based on factors such as insured members’ age/gender/health, location of the...
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