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
October 15, 2020 More Time: FASB Delays Long-Term Insurance Standard … Again On September 30, the Financial Accounting Standards Board (FASB) finalized a rule to defer the effective date of the updated long-term … Read More
October 8, 2020 Gifts in Kind: New Reporting Requirements for Nonprofits On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that will provide more detailed information about noncash … Read More
September 30, 2020 Why Face-to-Face Meetings With Your Auditor are Important Remote audit procedures can help streamline the audit process and protect the parties from health risks during the COVID-19 crisis. … Read More
September 17, 2020 What To Do When The Audit Ends Financial audits conducted by outside experts are among the most effective tools for revealing risks in not-for-profits. They help assure … Read More
September 8, 2020 Levels of Assurance: Choosing The Right Option For Your Business Today The COVID-19 crisis is causing private companies to re-evaluate the type of financial statements they should generate for 2020. Some … Read More
August 21, 2020 Promoting and Reporting Diversity Increasing diversity is a key initiative at many companies in 2020. This movement goes beyond social responsibility — it can … Read More
August 14, 2020 3 Steps To “Stress Test” Your Business As a business, you can’t afford to lose sight of ongoing risk factors, such as cyberthreats, fraud, emerging competition and … Read More
August 11, 2020 Forecasting Financial Results For A Start-Up Business There’s a bright side to today’s unprecedented market conditions: Agile people may discover opportunities to start new business ventures. Start-ups … Read More
August 11, 2020 Reporting CAMs In The COVID-19 era Starting in 2019, auditors’ reports for certain public companies must contain a new element: critical audit matters (CAMs). The requirement … Read More
July 29, 2020 Drive Success With Dashboard Reports Timely, relevant financial data is critical to managing a business in today’s unprecedented conditions. Similar to the control panel in … Read More
