Tuesday, February 19, 2019 Bonadio welcomes Jennifer Wood, CPA as partner in Rochester
The Bonadio Group welcomes Jennifer Wood as partner in its Rochester office. In this role, Jennifer will drive change and efficiencies for clients, as the firm takes a proactive approach to the Dynamic Audit Solution (DAS) initiative. Her experience applying new technologies to a variety of industries and training others on the latest tools offers...Read more
Monday, January 7, 2019 Bonadio welcomes R.J. Genovese, CPA as Partner
The Bonadio Group’s Buffalo office welcomes R. J. Genovese, CPA, to the firm’s practice as partner. In this role, he will apply more than two decades of experience in public accounting serving a broad range of industries including manufacturing, life sciences, and healthcare. “We are delighted to add R.J. to our team, leveraging...Read more
Wednesday, February 13, 2019 Non-profit salary and benefit ratios a key dashboard metric
This column will continue my attempt to convince tax-exempt organizations that traditional monthly financial statements, without dashboard analysis, are a failure in terms of management and board communication, transparency and accountability. My earlier columns were devoted to the extraordinary benefits that can be derived from the development...Read more
Wednesday, February 13, 2019 Is inventory really an asset for a manufacturing entity?
For many manufacturers, inventory may be the most significant current asset on the balance sheet; but is it really an asset at all? As anyone who has worked in the field can attest, the costs of maintaining inventory can often feel much more like a liability than an asset. The accounting equation to calculate cost of goods sold (COGS)...Read more