Blog
Fight Internal Fraud With 8 Precautions
When you read in the paper that a "trusted employee" has been charged with embezzlement, it can be shocking. But then, of course, it makes…
Keeping The Business In The Family
Many successful small companies are family owned and run. And, there's a good reason for it. It takes passion to make a go of it in…
Giving Gifts To Employees? The IRS Wants Its Share!
Do you want to be extra-generous to employees who are doing a good job? Bonuses and gifts can be an effective motivational tool, but be…
What You Can Do Now for the New FASB Nonprofit Standard
The new FASB ASU 2016-14, Presentation of Financial Statements of Not-for-Profit Entities will be required for the year ending December 31,…
Raffle Prizes Reporting
Many nonprofit organizations hold raffles to raise additional funds. If your organization is planning on holding a raffle, make sure you are…
FASB Not-for-Profit Project: Statement of Activities and Functional Expenses
The Financial Accounting and Standards Board (FASB) has an ongoing review of the GAAP (generally accepted accounting principles) standards…
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