Articles

MWE written articles.

Posted in Featured Content, Newsletters

MWE Advisor January Highlights

January highlights from The MWE Advisor newsletter include: a closer look at some lesser-known business tax provisions under the new law, why the manufacturing industry requires more technology education and how the work world is changing with Millennials.

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Posted in Articles

How the Work World is Changing with Millennials

Definitions of the Millennial generation vary, but basically these are people who, today, range from 20 to 36 years old. Their distinctive characteristics are attributed to two primary factors: Most were raised by highly attentive Baby Boomer parents, and Instant communication via electronic technology has been ubiquitous.

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Posted in The Bottom Line, Featured Post, Small Business

Avoiding Late Employee Elective 401(k) Contributions

Transferring your employees’ 401(k) contributions to your checking account on payroll dates could save you a headache. Tired of your auditors telling you that employee elective contributions to your 401(k) plan are late? Upset when the auditors issue that Internal Control Deficiency letter explaining that your failure to timely remit such contributions resulted in a…

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Posted in The Bottom Line, Featured Post, Accounting & Auditing

Got multiple locations? Expect auditors to keep a close eye on inventory

Do you remember the high-profile fraud that happened at drugstore chain Phar-Mor in the 1990s? Executives manipulated the company’s financial statements to hide approximately $500 million in losses. A key ploy that perpetrators used in the Phar-Mor case was to overstate inventory balances at individual stores. Management became adept at hiding the scam from their…

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Posted in Newsletters

MWE Advisor December Highlights

December highlights from The MWE Advisor newsletter include: what’s the “right” age for buying a child his or her first smartphone and distinguishing your company’s elite by following the Pareto Principle (80/20 rule).

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