BPS News & Events

BPS News

February 14, 2022

Do I Need a Quality of Earnings Report? And Other Questions about QoEs

By Tiffany Boozer, Audit Associate at BPS What IS a Quality of Earnings? A quality of earnings (QoE) is an analysis of the accounting policies and procedures used to prepare financial statements. It dives deep into certain components of an organization’s revenue and expenses to deliver a buyer, seller or investor an estimate of a…

February 14, 2022

House Ways And Means Committee Adopts Construction Friendly Budget

By Leslie Clark, VP Operations of the Carolinas Association of General Contractors The House Ways and Means Committee finalized their $11.8 billion budget plan the last week of February. Positive economic winds and COVID-19 relief funding from the federal government provided the committee a considerable amount of funds to allocate. The Ways and Means budget…

February 14, 2022

Employee Benefit Plan Audits – Changes are Coming in 2022

By Brett Thomas, CPA Along with all the changes in both our everyday lives and in accounting that we have experienced over the past couple of years, employee benefit plan audits are about to see changes as well. The American Institute of Certified Public Accounts (AICPA) recently issued Statement on Auditing Standards (SAS) No. 136, Forming…

February 14, 2022

Venture Carolina Announces Inaugural Class of the Palmetto Venture Fellowship

Venture Carolina, a nonprofit dedicated to bridging the funding gap between investors and entrepreneurs, has partnered with VentureSouth and the South Carolina Department of Commerce’s Office of Innovation to launch the Palmetto Venture Fellowship, a program that will create more local accredited investors and expand risk-capital accessibility for early-stage startups in South Carolina. Tom Pietras…

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