Newsletter

BMSS Culture – What Is It Like to Be an Accountant at BMSS During “Success Season?”

In the Fall, the HR Team starts planning all the fun events that will make the firm’s busiest time of year as manageable as possible for professionals at BMSS. In

Final Paychecks: What is Required When an Employee Separates from Employment?

What are Alabama’s rules surrounding final paychecks? Alabama does not provide regulations on when a final check must be issued, so employers are required by the Fair Labor and Standards

New Employment Protections for New and Expecting Mothers

Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting With new legislation protecting new and expecting mothers’ employment, employers need to be cognizant of

Succession Planning: Preparing for the Inevitable

BMSS HR Advisory Putting the “Resource” in Human Resource Consulting Written by Rebecca Tipton, SHRM-SCP Nearly all companies face turnover at some point, which can hurt businesses with lag times

Three Lessons Every Business Can Learn from the Silicon Valley Bank Collapse

Written by Dalton Hopper, CFE, CVA At first glance, it was believed that the collapse of Silicon Valley Bank (SVB) would be an isolated event. However, in the days after

Cybersecurity Protects Profits

By Jonathan Perz, Senior Security Analyst, Abacus Technologies Rarely do companies get to see the actual bottom-line value of cybersecurity. It always manifests as a cost or expense on the

Incurred Cost Submissions Are Just Around the Corner – Are You Ready?

Written by Becky Ramsey, Senior Government Contracts Consultant One of the requirements that government contractors face is the preparation of an Incurred Cost Submission. Especially if you are new to

Three Key Supply Chain Management Questions for 2023

Three Key Supply Chain Management Questions for 2023 Manufacturers will continue to face supply chain headwinds in 2023, a cause for concern following a turbulent few years. Economic uncertainty, supply

Maximizing Tax Benefits of Transaction Costs

Whether related to an acquisition, merger, restructuring, reorganization, initial public offering or spin-off, the costs paid by companies to service providers such as investment bankers, attorneys, accountants and consultants to

Five FAQs about Embedded Leases

#1: What is an Embedded Agreement? According to ASC 842, a contract contains a lease if, “the contract conveys the right to control the use of identified property, plant, or equipment

The Difference One Word Makes

Written by Dalton Hopper, CFE, CVA There are few situations in which one word can make all the difference. In this example, we’re examining the difference between fair market value

OFCCP Compliance Reviews for Government Contractors: Do You Know What to Expect?

Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting With the OFCCP’s recent release of its 2023 Corporate Scheduling Announcement List (CSAL), many government contractors may

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