December 16, 2020 Year-End SWOT Analysis Can Uncover Risks As your company plans for the coming year, management should assess your strengths, weaknesses, opportunities and threats. A SWOT analysis … Read More
December 16, 2020 Put Your Company’s Financial Statements to Work For You It’s almost time for calendar-year businesses to prepare their year-end financial statements. If used correctly, these reports can be a … Read More
December 16, 2020 Nonprofit Boards Must Remain Vigilant as Long as the Crisis Continues It’s been a tough year for not-for-profits. Many have experienced an increased demand for services just as revenues have plummeted. … Read More
December 11, 2020 How COVID-19 Could Impact Year-End Inventory Counts Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still … Read More
November 30, 2020 Cutoffs: What Counts In 2020 vs. 2021 As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses. … Read More
November 20, 2020 How to Minimize Turnover in Your Accounting Department The demand for qualified accounting and finance personnel has grown, as business owners struggle to manage unpredictable cash flows, increased … Read More
November 20, 2020 Annual Plan Audit: An Auditor’s Perspective Does your plan require an annual audit? If your eligible participant count (including terminated employees who maintain an account balance) … Read More
November 19, 2020 Preparing For The Possibility Of A Remote Audit The coming audit season might be much different than seasons of yore. As many companies continue to operate remotely during … Read More
November 6, 2020 How Effectively Does Your Business Manage Risk? From natural disasters and government shutdowns to cyberattacks and fraud, risks abound in today’s volatile, uncertain marketplace. While some level … Read More
November 6, 2020 Nonprofits: Internal Audits Still Matter Fraud doesn’t simply take a vacation during crises, such as the COVID-19 pandemic. If your not-for-profit’s internal controls aren’t effective, … Read More
October 26, 2020 Best Practices When Forecasting Cash Flow Cash flow is a top concern for most businesses today. Cash flow forecasts can help you predict potential shortfalls and … Read More
October 21, 2020 Avoiding Conflicts of Interest With Auditors A conflict of interest could impair your auditor’s objectivity and integrity and potentially compromise you company’s financial statements. That’s why … Read More