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Author: Brenna Albritton

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The Importance of Incident Response Plans – Detection & Analysis

By: Tom Skoog, Cybersecurity & Data Management Practice Leader Last month, we introduced the concept and importance of Incident Response Plans as part of overall cybersecurity. As stated previously, The National Institute of Standards and Technology (NIST) has developed a framework all incident response plans should consider, including: Preparation Detection & Analysis Containment & Eradication […]

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Bonus Depreciation: To Take Or Not To Take, That is The Question

By: Eric Bennett, CPA, Director, and Linda Miller, Senior Accountant History of Bonus Depreciation: Before the Tax Cuts and Jobs Act (TCJA) was enacted effective for tax years beginning in 2018, you were only allowed to take 50% bonus depreciation for qualified property acquired and placed in service during a particular tax year. Since 2001, […]

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The Importance of Incident Response Plans for Organizations

By: Tom Skoog, Cybersecurity & Data Management Practice Leader Over the years, we have highlighted several steps businesses and nonprofits can take to reduce the risk of a cyberattack. Most of these initiatives previously discussed are designed to prevent or significantly reduce the chance that your organization becomes a victim of a cyberattack. However, no […]

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Recommendations to Protect Against Potential Cyberattacks

By: Tom Skoog, Cybersecurity and Data Management Practice Leader As the conflict between Russia and Ukraine continues, the Biden Administration issued a statement mandating the federal government strengthen its cybersecurity positions and encouraged the private sector to take similar actions. This is in reaction to an expected significant increase in cyberattacks (ransomware, data thefts, etc.) […]

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On-Demand Webinar: Myths and Facts of Commercial Loan Reviews

Download Webinar Resources On April 6, Blue & Co. held a webinar entitled Myths and Facts of Commercial Loan Reviews. Panelists debunked common loan review myths and presented the facts and practical tips and lessons learned related to commercial loan review. Duration: 1 Hour CPE not available Download Presentation Here Watch a Recording of the […]

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IRS Suspends Automated Notices

By: Jacoby Shade, Staff Accountant Tired of notices from the IRS? Well good news! After much pressure from Congress, the AICPA, and other accounting organizations, the IRS is granting taxpayers, and their CPAs, some relief. As of February 9, 2022, the IRS has suspended the mailing of certain automated tax notice letters. The IRS will […]

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Lease Standard (ASC 842) Impact on Not-For-Profit Organizations

By: Holly Fields, CPA, Senior Manager In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 – Leases (Topic ASC 842). For non-public not-for-profit entities, this ASU is effective for fiscal years beginning after December 15, 2021 (i.e., calendar year 2022 for entities with a December 31 year-end). Whether your not-for-profit […]

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Case Study: Normalization Adjustments and the COVID-19 Pandemic

By: Damien Strohmier, Senior Manager, CPA, CCIFP Normalization adjustments are those adjustments to EBITDA that remove non-recurring income and/or expenses related to one-time or extraordinary events in order to present a company’s earnings or performance in a normal operating year. The COVID-19 pandemic is one example of an event that may seem extraordinary or non-recurring, […]

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Case Study: Construction Acquisitions Gone Awry – a Quality of Earnings Story

By: Damien Strohmier, Senior Manager, CPA, CCIFP Failed transactions can happen for a variety of reasons. This article explains one potential reason for a failure, which is the inherent risk in reporting and understanding a construction company’s accounting transactions in accordance with generally accepted accounting principles (GAAP). This example, while construction-centric, will highlight the importance […]

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Understanding the Need for a Quality of Earnings Report in a Transaction

By: Damien Strohmier, Senior Manager, CPA, CCIFP Dealing in the transaction market space requires a deep understanding of various terms and acronyms that are commonplace when discussing a potential sale, merger, or acquisition of a business. An example of this is Quality of Earnings (QoE). Below is an explanation of what a QoE Report is […]

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Blue & Co., LLC Announces New Partnership With Vsimple | Vsimple and Blue and Co logo

Blue & Co., LLC Announces New Partnership With Vsimple

CARMEL, Ind. (May 5, 2022) – Blue & Co., LLC is excited to announce our new partnership with Vsimple, a workflow management software company based in New Albany, IN.  Blue & Co and Vsimple will be working closely together to address the workflow and process improvement challenges of manufacturers throughout the Midwest. “At Blue & […]

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Proposed Rule FY 2023 for Skilled Nursing Facilities

Proposed Rule FY 2023 for Skilled Nursing Facilities

It is that time of year again! The Center for Medicare and Medicaid Services (CMS) has issued the proposed rule that would update Medicare payment policies and rates for the fiscal year (FY) 2023’s Skilled Nursing Facility (SNF) Prospective Payment System (PPS). The Patient Driven Payment Model (PDPM) was implemented on October 1, 2019. This […]

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Coverage Scheduling Solutions for Physician Practices and Hospital Systems

Scheduling Solutions for Clinician Work-Life Balance

One of the most challenging conversations in any multi-physician practice or specialty-based hospital employed group is about how to create a fair distribution of on-call and/or inpatient hospital service coverage while balancing the duties of an outpatient practice. The COVID-19 pandemic has contributed to clinician burnout, and physicians and Advanced Practice Providers (APPs) place significant […]

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