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Silver Peaks CPA

Introducing the Legal Wise Toolkit

A computer, tablet, and phone display various legal and business forms, spreadsheets, and accounting policies, with the center screen showing "Legal Wise Toolkit" in bold letters. Arrows label each document type around the devices, making it an essential resource for any Colorado lawyer bookkeeper.

Struggling to keep your law firm organized?  Introducing the Legal Wise Toolkit, your ultimate solution for effortless legal practice management.  Say goodbye to manual calculations and hello to time-saving efficiency with our comprehensive set of templates and resources.  Simplify your HR processes, gain financial transparency, and keep your team motivated.  Best of all, the Legal […]

Undertaking a pay equity audit at your business

A person practices bookkeeping by counting a stack of U.S. dollar bills at a desk with a planner, pen, keyboard, phone, and headphones.

Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same or similar jobs, while accounting for differences in experience and tenure, isn’t easy. That’s why every company should at least consider undertaking a pay equity audit to assess its compensation philosophy and approach. […]

Improve HR decision-making with a SWOT analysis

Two people sitting at a table review a printed resume near an open laptop. One person points at the paper while the other, possibly a CPA or law firm accountant from Colorado, holds it and a pen. Additional documents and a notebook are visible on the table.

According to the U.S. Bureau of Labor Statistics, an estimated 4.5 million people voluntarily left their jobs in November 2021. That’s a record number. In this topsy-turvy labor market, many employers are under greater pressure to make optimal HR decisions. Having a sound, dependable and growth-oriented HR function can help you retain good workers, draw […]

Protecting your company from cryptocurrency fraud

Silver and gold physical Bitcoin tokens are placed on top of several US $100 bills, suggesting a theme of cryptocurrency and traditional currency together—a visual relevant for a Colorado law firm accountant or bookkeeping professional navigating the intersection of digital assets and traditional finance.

According to blockchain data company Chainalysis, cryptocurrency transactions associated with illegal activity topped $14 billion in 2021. That’s almost double 2020 numbers — and the momentum shows no signs of slowing. In addition to outright cryptocurrency theft, these crimes include investment fraud and ransomware scams that affect businesses. Yet cryptocurrency offers several advantages to entrepreneurs […]

Let your financial statements guide you to optimal business decisions

People sit at a table reviewing printed graphs and charts, with a calculator, documents, and a cup of coffee visible, suggesting an accounting or bookkeeping meeting in Colorado.

Now that 2022 is up and running, business owners can expect to face a few challenges and tough choices as the year rolls along. No matter how busy things get, don’t forget about an easily accessible and highly informative resource that’s probably just a few clicks away: your financial statements. Assuming you follow U.S. Generally […]

How cash flow statements help experts find fraud

A CPA reviews printed charts and graphs on white paper, with a pen and a purple folder on a marble surface.

Many fraud investigations focus on financial statements. Because cash is the most commonly stolen business asset, fraud experts regularly scrutinize statements of cash flow for signs of misappropriation and fraudulent disbursements. If you suspect occupational fraud and request an investigation, here’s what the experts might find.   Unusual changes Your statement of cash flows shows […]

Protecting your company from cryptocurrency fraud

A laptop displaying stock charts, Euro banknotes, coins, and a smartphone with a calculator app showing 68.654 are all arranged on a black surface—capturing the essential tools of a modern CPA or lawyer bookkeeper at work.

According to blockchain data company Chainalysis, cryptocurrency transactions associated with illegal activity topped $14 billion in 2021. That’s almost double 2020 numbers — and the momentum shows no signs of slowing. In addition to outright cryptocurrency theft, these crimes include investment fraud and ransomware scams that affect businesses. Yet cryptocurrency offers several advantages to entrepreneurs […]