AICPA Peer Review – Atlanta (GA) Atlanta and Georgia CPA firms are required to undergo a firm peer review every three years – a requirement mandated by both the American Institute of Certified Public Accountants (AICPA) and state licensing agencies. A peer review is an independent examination of a firm’s
AICPA Peer Review – Wichita (KS) Wichita and Kansas CPA firms are required to undergo a firm peer review every three years – a requirement mandated by both the American Institute of Certified Public Accountants (AICPA) and state licensing agencies. A peer review is an independent examination of a firm’s
Give the People What They Want Technology has made it easier, faster, and more affordable than ever for people to buy the things they need. But technology is a mixed blessing for many wholesale & distribution companies. It’s accelerated their already fast-paced industry. It’s also helped create new competition. Major
Perform at Your Best Whether it’s the Cincinnati Ballet, The Dayton Broadway series, or your local neighborhood community theatre, performance is the heart and soul of any cultural arts organization. But your dancers, musicians, and actors can’t perform at their best if your organization isn’t performing at its best. Barnes
Give Generously and Confidently You’re not the only one thinking about the financial health of your foundation – your investments play a critical role in society. Your gifts provide food, clothing, and shelter. They fuel after-school programs, theater productions, museum exhibitions, and hospital expansions. If your finances aren’t in tip-top
Microsoft 365 users are being targeted yet again by a new phishing campaign – Fake IRS emails. A cybersecurity report by a well-known computer support and security company estimates that as many as 70,000 Microsoft Office 365 users have received emails from scammers impersonating the Internal Revenue Service. A Harder
The Kentucky Department of Education (KDE) released information regarding the newly effective GASB Standard 84. This governs most of the reporting for School Activity Funds, and districts should start implementing the change now for their fiscal year 2020 audit. To execute this change, Fund 25 and Org code segments will
Providing Peace of Mind for Mental Health Organizations Health insurance claims. Government reimbursements. PCI DSS and HIPAA. Grant compliance. Fee-for-service payments. Budget reconciliations. Board reports…the list goes on and on. If you’re in charge of financial operations for a mental health organization, these terms take up a lot of
Faith in Your Future As a religious organization leader, your faith and your mission come first. But your financials are a critical priority as well. You’re accountable to supporters and the congregation. You rely on their generosity. And they want to know how you’re using their gifts for the betterment
Recent Interest Rate Cuts After much speculation, the Federal Reserve reduced the interest rate on July 31, 2019. This was the first cut in over a decade. The quarter-point reduction to 2% came as an effort to primarily do three things: Increase inflation to the preferred rate of 2% per
Managing financial reporting and accounting requirements can be challenging – especially when you must also prepare for changes in accounting standards, such as the lease accounting standard in effect for private companies beginning in January 2022. More heavy lifting than you might expect Not only does the new lease standard
Implementing the new lease accounting standard is turning out to be more complicated than many originally expected – and one of the biggest challenges is identifying and properly classifying leases (not all leases that qualify under the new standard necessarily say “lease” at the top of the document). Once you’ve