March 16, 2018 How Materiality is Established in an Audit or a Review Setting the “materiality” threshold is key when auditing or reviewing financial statements. But no universal materiality level works for all … Read More
March 9, 2018 Feeling Lucky? How To Find a Pot of Gold in Your Financials The cash gap can be a useful management tool for finding hidden treasure in your company’s balance sheet. Learn ways … Read More
February 23, 2018 What is Job Cost Reporting? To boost financial efficiency and profits on custom projects, consider implementing job cost reporting. Try these best practices to take … Read More
February 14, 2018 Make The Most of Your Nonprofit’s Internal Audit Function Your nonprofit’s internal auditors have a unique perspective on your organization’s operations and financial condition. Are you making the most … Read More
February 9, 2018 Fixed vs. Variable Costs: How To Compute Breakeven Breakeven point is a helpful management tool. To calculate breakeven, you just need your income statement, a simple formula and … Read More
February 5, 2018 How To Best Report your Work in Progress (WIP) Costs Is your accounting for work in progress (WIP) accurate? To find out, your auditors carefully analyze your methods of allocating … Read More
January 20, 2018 Disclosures Critical to Transparent Financial Reporting Do you read the fine print in financial statement footnotes? It’s often worth the effort. Read More
January 6, 2018 Income Statement Items Warrant Your Auditor’s Attention Traditionally, income statement items take a back seat to assets and liabilities in an audit. But today’s auditors tend to … Read More
December 30, 2017 Multiple Locations? Auditors Keep Close Eye on Inventory Inventory can be an easy fraud target, especially if it’s stored in more than one location. Over the last 30 … Read More
December 15, 2017 How to Conduct a Year-End Risk Assessment SWOT analysis isn’t just for auditors—it's also a powerful management tool. Recognizing your strengths, weaknesses, opportunities and threats is critical. Read More
