Clayton & McKervey shareholder explains the 5 most common mistakes small to mid-sized business make with GAAP – and how they can impact the purchase price when a company goes for sale

Kevin Johns, a shareholder in the Small and Mid-sized Entities practice at Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, says his work with new small to mid-sized businesses have a common theme when it comes to Generally Accepted Accounting Principles (GAAP) mistakes.

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