Getting the Most From Your Audit Committee

  • April 15, 2013

written by Shawn Barbour The recent financial crisis and corporate scandals have generated more focus on corporate governance, which affects us...

Is a Non-Profit Required to Have a Balanced Budget?

  • February 11, 2013

written by Joe Page The correct answer is no. The following article is in reference to operating budgets and should not...

Is your Charitable Donation Tax Deductible?

  • October 17, 2012

written by Joe Page With the end of another year quickly approaching, many may be considering making charitable contributions as part...

What is a Service Organization Control Report and Who Needs One?

  • August 8, 2012

written by Joe Page Have your customers requested assurance that your processes and systems are controlled? 
Do you feel comfortable that...

Are You Ready for the Lease Accounting Standards Change?

  • July 23, 2012

written by Joe Page The Financial Accounting Standards Board (FASB) has been reviewing the accounting for leases for several years in...

Ratio Analysis for Not-For-Profits

  • July 2, 2012

written by Joe Page Ratio analysis can be used to improve financial decision making and summarize organizational performance. Ratio analysis is...

Does Your Not-for-Profit Need an Audit?

  • June 4, 2012

written by Joe Page Not-for-profit entities are subject to significant scrutiny from various sources such as contributors and directors to lenders...

Change of Accounting Rules/Audit Instructions Issued on New Repair Rules

  • April 2, 2012

At the end of 2011, the IRS issued comprehensive and far-reaching temporary regulations on the capitalization of costs relating to tangible...

Administration unveils Framework for Business Tax Reform

  • March 1, 2012

A reduced corporate tax rate, elimination of many business tax preferences, a new minimum tax on overseas profits, and much more...