Sammie Jo Engelmann, CPA
Accounting Services Principal | Minneapolis Office
952-920-6603
AICPA
MNCPA
Ambassador for the SouthWest Metro Chamber
Treasurer for the SouthWest Metro Chamber
How Sammie got here
- Bachelor of Science in Accounting from Strayer University
- Associates Degree in Business Management from Rasmussen College
- Joined the Minneapolis practice in November 2008
How Sammie approaches work
“I believe the keys to a long lasting client relationship are building trust, displaying consistency and producing a high quality product.”
Related Service Resources
Manufacturing Companies: Fight Back Against Internal Fraud
Internal fraud drains more than $3.7 trillion dollars annually from global businesses, according to the Association of Certified Fraud Examiners (ACFE). According to ACFE’s latest Report to the Nations, the median internal fraud loss in manufacturing and production companies is $194,000.
COVID-19 Relief for Accounting Standards
On June 3, 2020, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-05, bringing relief for both for-profit and nonprofit entities. The standard allows entities who have not yet issued their financial statements to DELAY the implementation of ASU 2014-09, Revenue Recognition from Contracts with Customers (ASC 606).
10 FAQs: Accounting for PPP Loans and Forgiveness
Under the Paycheck Protection Program (PPP), the federal government authorizes up to $349 billion in forgivable loans to small businesses during the COVID-19 crisis. Small businesses are receiving loans, and many have questions on how to account for the funds, expenses, and forgiveness in their accounting records.