R&A CPAs blog

How to prepare WIP reports for long-term contracts

Work-in-progress (WIP) is a major inventory account for manufacturers, media and film companies, construction contractors, and other entities that enter into long-term contracts. WIP reports help management gauge the profit…

How To Conduct A Year-end Risk Assessment

Auditors assess their clients’ risk factors when planning for next year’s financial statement audit. Likewise, proactive managers assess risks at year end. A so-called “SWOT” analysis can help frame that…

GAAP vs. tax-basis reporting: Choosing the right model for your business

Virtually every business must file a tax return. So, some private companies issue tax-basis financial statements, rather than statements that comply with U.S. Generally Accepted Accounting Principles (GAAP). But doing…

The Purpose of Form I-9: What Employers Need to Know

July 30, 2026

Every employer needs to complete Form I-9 for their employees. It is an important compliance document. Here is what you need to know.

Meet Junna Stockwell, CPA, Supervisor – Assurance

July 30, 2026

Junna is a supervisor in our Assurance department. In her role, she solves financial problems and helps provide accurate financial reporting for our clients.

The True Cost of Poor Recordkeeping

July 30, 2026

Poor recordkeeping can create costs that include problems with tax compliance, reporting, and planning—among others. Click for details and avoid these errors.

July 2026 Newsletter

July 30, 2026

June 2026 Newsletter

June 30, 2026

Meet Christopher Bezerra-Clark — Associate, Client Accounting Services

June 30, 2026

Get to know the R&A team! This month, featuring Christopher Bezerra-Clark from our Client Accounting Services team.

Claiming a Mileage Deduction on Your Tax Return

June 30, 2026

If you use your vehicle for business, charity, or medical purposes, you may be able to take a tax deduction. Here is what you need to know.

Installment Sales – Ins, Outs, Ups, & Downs

June 30, 2026

The installment method is a tax-reporting strategy that allows you to spread out the recognition of capital gains over multiple tax years when you finance an asset sale yourself. There is a lot to know—click for the details.

How Manufacturers Can Turn Innovation into Tax Benefits

June 30, 2026

Recent tax law changes have expanded the definition of qualifying research and development activities and created new opportunities for manufacturers to recover capital. Click for important details.