Accounting News

Visit RHN's booth at the 13th Annual Enology & Viticulture Conference & Trade Show (July 16 - 17, 2012).

Unless you have a background in accounting, all the different accounting jargon can be confusing. Notice to Reader (NTR), Compilation, Review, Financial Audit, Real Estate Trust Audit, Forensic Audit. What do these words mean? Which one does the council or owners choose? How do you know which one will give you the assurance you need? There are varying levels of assurance that relate to each engagement and that is what separates them from each other.

Tax is only one of the variables that will dictate the attractiveness of a purchase offer for a business the other main areas being the price offered and the terms of payment (the more cash up front the more favorable).