What is Cloud Computing?

December 8, 2022By Stacey Korman, CPA, MST

Cloud computing is the future of the accounting industry. Essentially cloud computing is the storing, managing, and processing data on the internet instead of storing information on local hard drives or servers. Information can be accessed from any device and is easily shared with management, team members and trusted advisers. Cloud computing simplifies the accounting Read the full article…

Client Spotlight: Nickel Diner

December 1, 2022By Stacey Korman, CPA, MST

This is one of the articles in the KROST Quarterly Hospitality Issue, titled “Client Spotlight: Nickel Diner” by Stacey Korman, CPA, MST We had the opportunity to interview our clients, Kristen Trattner and Monica May, co-owners of Nickel Diner. We gained insight into their experience founding the diner and navigating challenges during the pandemic. They Read the full article…

What is Client Accounting Services?

February 23, 2022By Stacey Korman, CPA, MST

Did you know that we provide Client Accounting Services (CAS)? CAS can be a cost-effective way to have high-level financial reporting without having to hire a team of Certified Public Accountants and accounting professionals. At its core, CAS is a shift from traditional compliance-based accounting to a 360-advisory mindset. CAS is a fully customizable service, Read the full article…

Client Spotlight: Joyce Cenali, COO of Big Rock, Educates KROST on the Cannabis Industry, Luxury Products, and Equity in Business

June 30, 2021By KROST CPAs

KROST Client, Big Rock, has been making a name for itself in the luxury cannabis industry. The company’s affiliate entity, Sonoma Hills Farm, represents the finest in this consumer products industry, and recently their COO, Joyce Cenali, was named as one of SF Times Most Influential Women. We had the opportunity to catch up with Read the full article…

Client Accounting and Advisory Services: The Benefits of Outsourced Accounting vs. In-House

March 1, 2021By Stacey Korman, CPA, MST

Our Principal, Stacey R. Korman, CPA, MST, earned a certificate in AICPA’s Client Accounting Advisory Services course. We had the chance to sit down with Stacey to hear her experience. Q: What is Client Accounting Services (CAS)? Client Accounting Services (CAS) is a certificate program that has been developed by the AICPA. Accountants are considered Read the full article…

FAQs – PPP Loans

February 17, 2021By Anna Chen

Since the CARES Act passed into law in March, there have been new laws, multiple rule publications, and over 50 FAQs released by the SBA regarding the PPP and EIDL loans. KROST’s subject matter experts have compiled a list of frequently asked questions below: Question: How are full-time equivalent employees calculated in the 2nd PPP? Read the full article…

KROST Quarterly Magazine: The Financial Services Issue is Now Available!

February 16, 2021By Anna Chen

We are happy to announce the release of our newest quarterly magazine! The Financial Services Issue highlights some of the hot topics in financial services including Section 1244 claims, the Lender Management, LLC case study, research & development, waterfall calculations, IRC Section 1061, and FinTech trends. What You’ll Find Inside this Issue: Section 1244: Claiming Read the full article…