Risk Assessment: A Critical Part Of The Audit Process
Audit season is right around the corner for calendar-year entities. Here is what your auditor is doing behind the scenes to prepare — and how you can help facilitate the
Audit season is right around the corner for calendar-year entities. Here is what your auditor is doing behind the scenes to prepare — and how you can help facilitate the
Like many sectors of the economy, the healthcare industry regularly suffers data breaches. Healthcare analytics company Protenus has found that nearly 32 million patient records were breached between January and
The number of people engaged in the ‘gig’ or sharing economy has grown in recent years, according to a 2019 IRS report. And there are tax consequences for the people
If your top executive were to step down tomorrow, would your non-profit know how to make a smooth leadership transition or would your boat suddenly be rudderless? Research by the
A hypothetical non-profit staffer named Britney had maxed out her personal credit cards. So, when her car needed repairs, she reached for her employer’s card. She reasoned that she would
If you have minor children, arguably the most important estate planning decision you need to make is choosing a guardian for them should the unthinkable occur. If you have not
Like many employers, you may allow employees to carry over unused vacation pay from one year to the next. With the year winding down, and gift giving on the minds
Working capital is the difference between a company’s current assets and current liabilities. For a business to thrive, its working capital must be greater than zero. A positive balance enables
Fraud suspicions are hard enough to investigate if you are a business owner and call the shots. But what if you are a limited partner (LP) in a business where
As we all know, medical services and prescription drugs are expensive. You may be able to deduct some of your expenses on your tax return, but the rules make it