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…

Keith Hamasaki, CPA, Named Co-Chair of the PrimeGlobal Manufacturing & Distribution Special Interest Group

November 4, 2019By KROST CPAs

Los Angeles, California – November 4, 2019 – KROST’s Assurance & Advisory Director, Keith Hamasaki, CPA, has been appointed to Co-Chair of the PrimeGlobal Manufacturing & Distribution Special Interest Group (SIG). Keith has been a member of PrimeGlobal since he joined KROST in 2016. As the newly named Co-Chair, he is responsible for bringing together Read the full article…

Risky Business: Safeguarding Your most Valuable Assets

April 18, 2019By KROST CPAs

Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Risky Business: Safeguarding Your most Valuable Assets” by Steve Chhuor, Manager – Assurance & Advisory. “Most businesses understand that accepting card payments is an option that attracts customers who need a quick and easy payment option. The shift of Read the full article…