Manufacturing Companies Beware: CCPA May Impact Your Business

January 20, 2021By Keith Hamasaki

This is one of the articles in the KROST Quarterly Manufacturing Issue, titled “Manufacturing Companies Beware: CCPA May Impact Your Business” by Keith Hamasaki, CPA. The California Consumer Privacy Act (“CCPA”) is a comprehensive framework to protect California residents (consumers). Effective January 1, 2020, data protection became a California requirement for businesses. All businesses that Read the full article…

Accounting for PPP Loans and Forgiveness

September 2, 2020By Keith Hamasaki

This is a preview of one of the articles in the new KROST Quarterly Manufacturing Issue, titled “Accounting For PPP Loans and Forgiveness” by Keith Hamasaki, CPA. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed by President Trump to help keep small businesses afloat amid the mandated COVID-19 related closures. The CARES Read the full article…

Coronavirus and Its Impact on Financial Reporting

March 23, 2020By Keith Hamasaki

Nothing has gripped us quite like the Coronavirus (COVID-19). It has begun to affect all facets of life, from travel bans, school closures, meetings, and even financial reporting. Generally Accepted Accounting Principles (GAAP) has an Accounting Standard Codification (ASC) that addresses unforeseen circumstances occurring after the balance sheet date but before the audit is issued. Read the full article…

Trade Wars: A Whole New World

October 2, 2018By Keith Hamasaki

Below is a preview of one of the articles in the new issue, “Trade Wars: A Whole New World” by Keith Hamasaki, CPA. Trade Wars: A Whole New World Another week, another new list of potential tariffs on imported manufactured products. If you’re manufacturing in China, Europe, Canada, or Mexico the potential trade war will Read the full article…

Career in Accounting: Audit or Tax

September 17, 2018By Keith Hamasaki

Campus recruiting is a daunting, time consuming and necessary task for students looking to enter public accounting. As a professional on the other side of the table, I can’t tell you the number of times the icebreaker is “audit or tax”. This is a common icebreaker but very few students know the answer, audit or Read the full article…

Accounting for Net Neutrality

June 10, 2018By Keith Hamasaki

We recently published our new KROST Quarterly Magazine which is packed full of articles and insider knowledge focusing on tech topics. Here is an excerpt from the article “Accounting for Net Neutrality” by Assurance & Advisory Director Keith Hamasaki, CPA: “When it comes to technology nothing has taken the business world by storm like cryptocurrency. Read the full article…