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KBS

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Closing security gaps can help construction firms fend off cybercriminals

Modern construction companies have come to depend more on digital resources to get projects built. But a risk of cyberattacks comes with these technological advances. Even though the construction industry traditionally has relied more on brick and mortar than networks and data, it’s no less vulnerable to hackers than other business sectors. In fact, construction […]

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KBS Announces Shareholder and Principal Promotions

St. Albans VT – February 3, 2022 – Kittell, Branagan, and Sargent (KBS) is pleased to announce the promotions of Robin Barnett to Shareholder, Timothy Streeter to Principal, and William Keyser to Principal effective January 1, 2022. Robin joined KBS in 1999 as a Staff Accountant, earning her CPA designation in 2000, and was promoted […]

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KBS Appoints Co-Managing Shareholders

St. Albans VT – January 18, 2022 – Kittell, Branagan, and Sargent (KBS) is pleased to announce that Andrew Bachand and Mark Mayer have been named Co-Managing Shareholders of the firm effective October 8, 2021. Andy and Mark succeed Gregory Sargent, a Founding Shareholder, who has been the Managing Shareholder since 2007. Greg will continue […]

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Transitioning your organization to the new lease accounting method

When the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-02 (ASC 842) several years ago, the deadlines for private and public businesses seemed to be far into the future. FASB delayed the reporting requirements for private-sector companies because of COVID-19; however, that delay ended as of Dec. 15, 2021.   All businesses must use financial statements conforming to the new lease accounting standard for any fiscal year beginning after Dec. 15, 2021. If you’re […]

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