Advisory Insights

Gain strategic insights to tackle business challenges and uncover new opportunities. CBIZ provides analysis and guidance to support informed decision-making, manage risk, and drive long-term growth.

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Expertly Guiding Employees and Leaders Through Career Transitions: The CBIZ Approach
Article
May 19, 2023
Budding Headaches – What Challenges Await Massachusetts’s Cannabis Businesses in 2023?
  • Cannabis
  • Advisory
May 19, 2023
Budding Headaches – What Challenges Await Massachusetts’s Cannabis Businesses in 2023?

All the fruitful efforts from past years will begin to realize in the current year, allowing us to see the impact of new research, cannabis education, and marketing on the growth of a still-young industry.

  • Cannabis
  • Advisory
Article
May 17, 2023
No, Social Security Is Not Going Bankrupt
  • Advisory
May 17, 2023
No, Social Security Is Not Going Bankrupt

Although the Social Security Trust Fund is projected to be depleted in 2033, Social Security will not be insolvent or bankrupt.

  • Advisory
Article
May 17, 2023
ChatGPT: Friend or Foe in the Legal Realm?
  • Advisory
May 17, 2023
ChatGPT: Friend or Foe in the Legal Realm?

ChatGPT can be a helpful resource for general legal research, but it should not be relied upon as a substitute for professional legal advice.

  • Advisory
Article
May 17, 2023
Valuation in a Divorce
  • Advisory
May 17, 2023
Valuation in a Divorce

aluation is complex and divorce cases are often adversarial, so it might not be easy to agree on a value.

  • Advisory
Article
May 17, 2023
What to Consider When Divorcing Parties Have Ownership Interests in Privately Held Companies
  • Advisory
May 17, 2023
What to Consider When Divorcing Parties Have Ownership Interests in Privately Held Companies

It is essential that family law attorneys develop a plan for addressing valuation issues early in the engagement so that the guesswork related to business value is minimized.

  • Advisory
Article
April 28, 2023
Upskilling & Cross-Training for a Strong Workforce
  • Human Capital Management
April 28, 2023
Upskilling & Cross-Training for a Strong Workforce

It’s more important than ever for organizations to prioritize upskilling and cross-training employees.

  • Human Capital Management
Article
April 20, 2023
New York State Manufacturing Grants Applications Open Now
  • Consumer & Industrial Products
  • Advisory
April 20, 2023
New York State Manufacturing Grants Applications Open Now

As part of The Jeff Lawrence Innovation Fund, Manufacturing Grants are offered to small and medium-sized manufacturing companies in New York State.

  • Consumer & Industrial Products
  • Advisory
Article
April 20, 2023
The Market Approach: Diving Into the Guideline Transaction Method
  • Advisory
April 20, 2023
The Market Approach: Diving Into the Guideline Transaction Method

The market approach is comprised of two primary methods: the guideline transaction method and the guideline public company method.

  • Advisory
Article
April 20, 2023
Why Does “Known or Knowable” Matter in Valuation?
  • Advisory
April 20, 2023
Why Does “Known or Knowable” Matter in Valuation?

In valuation, the concept of “known or knowable” refers to events or circumstances that are (or are not) known or able to be known as of a specific date.

  • Advisory
Article
April 19, 2023
Fraud Hotline: A Whistleblower’s Ultimate Tool
  • Advisory
April 19, 2023
Fraud Hotline: A Whistleblower’s Ultimate Tool

Prompt fraud detection is essential because the speed in which it is detected and the way it is discovered can significantly affect the ultimate amount of the loss and any possible chance for recovery.

  • Advisory
Article
April 18, 2023
How Often Should My Organization Conduct an HR Audit?
  • Not-for-Profit & Education
  • Human Capital Management
April 18, 2023
How Often Should My Organization Conduct an HR Audit?

In today’s fast-paced and ever-changing employment landscape, it is important for leaders to regularly evaluate their organization’s HR practices.

  • Not-for-Profit & Education
  • Human Capital Management
Article
April 18, 2023
Financial Reporting Options for Nonprofits
  • Not-for-Profit & Education
  • Advisory
April 18, 2023
Financial Reporting Options for Nonprofits

On an annual basis those charged with governance should evaluate the users and uses of the organization’s financial statements.

  • Not-for-Profit & Education
  • Advisory
Article
April 12, 2023
2022 Actual and 2023 Executive Pay Forecast
  • Construction
  • Compensation Consulting
April 12, 2023
2022 Actual and 2023 Executive Pay Forecast

The 2022 Executive actual increase came in at 5.5%. Contractors are projecting a 2023 executive increase of 4.7%. Historically predictions are about .5% low, so initially we would expect the 2023 year-end actual increase to hover around the 5.2% mark.

  • Construction
  • Compensation Consulting
Article
March 31, 2023
Bankruptcy Blues: The Latest on SVB Financial Group
  • Advisory
March 31, 2023
Bankruptcy Blues: The Latest on SVB Financial Group

On March 10, 2023, Silicon Valley Bank (SVB) became the second-largest financial institution failure in United States history.

  • Advisory
Article
March 28, 2023
Common Control Leases and Leasehold Improvements
  • Advisory
March 28, 2023
Common Control Leases and Leasehold Improvements

On March 27, 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2023-01, Leases (Topic 842), Common Control Arrangements, (the Update) that introduces changes to lease accounting under common control arrangements.

  • Advisory