Financial Literacy
HBE first launched its Financial Literacy initiative in the summer of 2015. Our goal was to have an impact in the community by using the skills that we use every day in our accounting and wealth management practice to help teach others in our community. After some...
We’re on the Search for Great Candidates!
We are in the midst of college recruiting at HBE! In the past week, we visited both UNL’s campus and Nebraska Wesleyan’s campus in search of great candidates for our internships. The HBE internship experience is unique because of the team-oriented environment, the...
HBE Named to List of 2017 Best Accounting Firms to Work For
HBE LLP, one of Nebraska’s leading providers of professional accounting, consulting, and financial management services, is pleased to announce that they have recently been named as one Accounting Today’s 2017 Best Accounting Firms to Work for. The firm is one of only...
Software and System Backup and Restoration Options
by Zachary Fowler It is not a secret that data backup is an essential part of any business. Many organizations have implemented policies related to their data backup and storage processes as part of their IT infrastructure. Even if an organization does not have a...
Not-for-Profit Accounting Standards: What You Should Be Doing to Prepare
The required implementation of Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities is nearing. The ASU becomes effective for entities’ fiscal years beginning after December 15,...
Substantiation of Hardship Distributions
Contributed by Mary Espinosa The IRS recently issued two memorandums to its employee plan examiners indicating it is permissible for 401(k) and 403(b) plan sponsors and their service providers to rely on participants’ written summaries describing their financial...
Employee Benefit Plan Newsletter
For over 10 years, HBE has been a member of BDO Alliance USA, a nationwide association of independently owned local and regional accounting and consulting firms. The Alliance allows the firm to draw on BDO, LLP’s resources and technical services in specialty areas...
The Role and Responsibility of Board Members
by Alex Drvol, HBE Accountant In a 2014 TEDx Talk entitled Modern Nonprofit Board Governance: Passion Is Not Enough!, Chris Grundner, the president and CEO of the Delaware Alliance for Nonprofit Advancement and ex-Senior Vice President of JP Morgan Chase’s credit card...
Revenue Recognition Standard Update
INTRODUCTION In 2014, the Financial Accounting Standards Board (“FASB”) and International Accounting Standards Board (“IASB”) issued comprehensive revenue recognition standards entitled “Revenue from Contracts with Customers”. It takes effect in 2018 for public...
Tax Savings Opportunities for Manufacturing
by Carter Johnson In the manufacturing sector, there are many ways to achieve success. Most businesses in this sector attempt to achieve their objectives through the means of creation, production, and fostering growth. For these companies, difficult decisions are...