How To Prepare Your Nonprofit For A Financial Audit
Outside financial audits may seem like an extravagance to non-profits working to contain costs and focus on their mission. But undergoing regular audits...
19 February, 2020
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KPM is a highly experienced firm of CPAs and advisors that has served clients throughout Southwest Missouri for decades. As you may know, the accounting industry is always evolving amid complex rules and regulations. As a result, our firm publishes timely updates on a variety of accounting topics to help keep you informed.
Reasons Why Married Couples Might Want to File Separate Tax Returns
Married couples often wonder whether they should file joint or separate tax returns. The answer depends on your individual tax situation. It generally depends...
18 February, 2020
Beneish Model Helps Detect Earnings Manipulation
Financial statement manipulation is the costliest type of occupational fraud. The latest Report to the Nations published by the Association of Certified Fraud...
18 February, 2020
Deconstructing TRID Construction Disclosures
Since the inception of TILA-RESPA Integrated Disclosure (TRID) rules, many questions exist about how these regulations apply to construction loans. The Consumer Financial...
14 February, 2020
FAQs About Audit Confirmations
Auditors use various procedures to verify the amounts reported on your financial statements. In addition to reviewing original source documents and comparing trends...
14 February, 2020
2020 Adjusted Penalties for Health Benefits & Other Plans
The U.S. Department of Labor (DOL) recently announced the 2020 annual adjustments to civil monetary penalties for a wide range of benefits-related violations....
14 February, 2020
Take Steps To Curb Power Of Attorney Abuse
A financial power of attorney can be a valuable planning tool. The most common type is the durable power of attorney, which allows...
13 February, 2020
Can Your Board Recognize Financial Red Flags?
A key fiduciary duty of your non-profit’s board of directors is to oversee and monitor the organization’s financial health. Some financial warning signs...
12 February, 2020
How To Make The Most Of Your Multigenerational Workforce
Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of Generation X to...
12 February, 2020
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