Abrigo

MARCH 12, 2015

'By Erik Lively, Regional Valuation Consultant, Sageworks. Accountants and other financial professionals know that the quality of industry data can make a substantial difference in business valuation services, whether it’s for a valuation engagement or for a calculated value to help develop a business improvement plan. Good industry data can make the process of developing a business valuation easier, and it can provide confidence in the final or calculated value.

92

92

Abrigo

MARCH 10, 2015

'Tax and audit season got you down? For all in the accounting industry, it’s the time of year that means longer days, pots of coffee, and staring at spreadsheets and W-2 forms ad nauseam. You may be teetering dangerously close to the point of sleeping under your desk at night. This post on the blog “How Should We Account for Me” sums it up nicely.

84

84

Abrigo

MARCH 9, 2015

'The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The positive trends from the third quarter of 2014 continued for the industry sub-set. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions.

Credit Unions 84

Credit Unions 84

Abrigo

MARCH 3, 2015

'By Brad Spence, Director of Enterprise & Valuation Teams, Sageworks. Many accountants are exploring opportunities to add business valuations to their menu of client services, especially as valuation demand increases and as these professionals understand valuations can generate higher profits than traditional accounting services. Offering advisory services like valuation engagements or calculations of value can also provide new options for tax accounting firms to spread work and revenue thro

Dashboards 84

Dashboards Accounting Firms Small Businesses 84

Abrigo

MARCH 6, 2015

'March comes in like a lion for the nation’s largest banks. Yesterday the Federal Reserve announced how “the big banks” fared on their annual stress tests (The Wall Street Journal’s Briefly blog offers what to know and what is relevant about the exams). The reports were positive: all 31 stressed banks “passed,” showing that they are stronger than they have been at any time since the tests began in 2009, the Fed reported.

Credit Unions 79

Credit Unions 79

Abrigo

MARCH 2, 2015

'The U.S. auto industry is booming. According to Federal Reserve Economic Data (FRED), total light weight vehicle sales rose to 16.6 million in January 2015, from 15.2 million the year prior. Unsurprisingly, the sales growth also increased demand for auto loans at domestic banks. FRED reports that 25.4 percent of banks reported stronger demand for auto loans in Q4 of 2014, up from 18.8 percent in Q4 of 2013.

Credit Unions 79

Credit Unions Credit Scoring Credit Risk Default 79

Abrigo

MARCH 20, 2015

'In the last several years following the Great Recession, the health of banks in the U.S. has been analyzed and debated. For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. For those banks under the regulation’s asset size threshold, bank examiners encourage a variety of checks that can best help a Main Street bank from falling vic

Bad Debt 68

Bad Debt Credit Unions 68

Abrigo

MARCH 17, 2015

'According to the latest FDIC Quarterly Banking Profile, community banks continue to thrive and lead the industry. As more banks turn profitable – 90.3 percent achieved that threshold in the fourth quarter of 2014 – they aren’t just competing with large, national banks; their community bank counterparts also account for much of their competition. Unfortunately, competing on price alone is not likely to get you far in today’s environment.

Credit Unions 68

Credit Unions Transactions 68

Abrigo

MARCH 12, 2015

'By Erik Lively, Regional Valuation Consultant, Sageworks. Accountants and other financial professionals know that the quality of industry data can make a substantial difference in business valuation services, whether it’s for a valuation engagement or for a calculated value to help develop a business improvement plan. Good industry data can make the process of developing a business valuation easier, and it can provide confidence in the final or calculated value.

68

68

Abrigo

MARCH 5, 2015

'For most banks and credit unions, a current strategic focus is loan growth – increasing the portfolio by both acquiring new borrowers and expanding services offered to existing borrowers. In this competitive environment, to win prospective loans, regardless of whether it is a new or existing borrower, the institution has to respond with efficiency.

Credit Unions 68

Credit Unions Credit and Collections 68

Abrigo

MARCH 26, 2015

'So meecard created by Whitney2327585 If you’re an accountant, a CPA or an auditor, March may very well be the most grueling month of the year. You’re probably up to your ears in #busyseasonproblems like being overloaded on caffeine, working on little sleep, and jealousy for missing out on the college basketball viewing parties happening in the outside world.

Deductions 60

Deductions 60

Abrigo

MARCH 25, 2015

'By Brad Spence, Director of Valuation Solutions, Sageworks Accountants considering adding or expanding valuation services in their practice may wonder about the demand for valuation services and what kind of clients can benefit from a valuation or calculation engagement. According to valuation and forensic specialists queried in the 2014 AICPA Survey on International Trends in Forensic and Valuation Services , two recent and potential sources of business-valuation demand are shareholder/partner

Law Firms 60

Law Firms Accounting Firms 60

Abrigo

MARCH 23, 2015

'It is only natural for community banks to have loan concentrations that result from the market(s) they serve and the markets they pursue. In today’s times, a high commercial real estate (CRE) concentration is often the result of community banks pursuing opportunity in the market. Consequently, interagency guidance on CRE concentration risk management , released in 2006, helps institutions pursue CRE lending with safety and soundness.

Credit Unions 60

Credit Unions Credit Risk 60

Abrigo

MARCH 19, 2015

'By Brad Spence, Director of Valuation Solutions, Sageworks Accountants, other professionals and their clients encounter many circumstances that may generate the need for an appraisal of a business or part of a business: • Divorce • Tax planning • Buy-side due diligence on a merger or acquisition or sell-side advice on an offer • Succession or estate planning • Dispute between owners or between owner and contractors • Adding or removing business partners.

Accounting Firms 60

Accounting Firms 60

Abrigo

MARCH 10, 2015

'Tax and audit season got you down? For all in the accounting industry, it’s the time of year that means longer days, pots of coffee, and staring at spreadsheets and W-2 forms ad nauseam. You may be teetering dangerously close to the point of sleeping under your desk at night. This post on the blog “How Should We Account for Me” sums it up nicely. The only thing keeping you from cracking during busy season may just be a little bit of levity.

60

60

Abrigo

MARCH 9, 2015

'The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The positive trends from the third quarter of 2014 continued for the industry sub-set. Net income was up almost 28% over the fourth quarter of 2013 led by higher net operating revenue and lower loan loss provisions.

Credit Unions 60

Credit Unions 60