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Councilor, Buchanan & Mitchell’s (CBM) quick reference resources are high-level insights about critical issues and concerns facing your organization. CBM’s accounting advisory group is available to help you implement solutions to keep your business on the track to long-term success.

Simplifying the New Lease Standard – The new lease standard is intended to account for all lease obligations on financial statements, rather than excluding operating leases as has been the standard. This change ensures a company’s financial situation is reflected as accurately as possible within the financial statements. Click the image above to download a one-sheeter to click here to read more on our blog.

Cyber Liability Insurance – Standard business insurance policies provide coverage for certain cyber incidents. For instance, if you lose electronic data due to a computer virus or hardware failure, your insurance may pay recovery or replacement costs. To extend coverage for a wider range of risks, you will need a stand-alone cyber liability policy customized for your business. Click the image above to download a one-sheeter or click here to read more on our blog.