Key Personnel

Over the last several years, technological advancements have transformed our lives, revolutionizing the way we connect, work and live. We leverage many applications on our phones and other devices to perform everyday tasks, including financial transactions. These apps may be utilized to send money quickly to others, purchase and sell products/services through electronic marketplaces, load…

In the intricate world of business, royalty and contract compliance is not just a legal requirement; it’s fundamental to long-term success. As a critical aspect of your operations, contract compliance is not something that can be overlooked. You need to have confidence in your royalty agreements and contracts, for several different reasons, which we’ll explore…

Succession planning is a critical component of organizational management and sustainability, especially for nonprofits. It involves identifying and developing individuals within an organization to take on key leadership roles when the current leaders transition out. But nonprofit succession planning isn’t just limited to key internal leadership roles. It also involves identifying and developing your governing…

Princeton, NJ & Philadelphia, PA – Mercadien, a leading provider of multi-disciplined accounting and advisory services, announces a significant leadership transition within its Bankruptcy Practice. Donald Conway, CPA, a distinguished Managing Director and Principal, has stepped down from his role as head of Mercadien’s Bankruptcy Practice on September 1, 2023.   Mr. Conway will remain a…

Princeton, NJ & Philadelphia, PA – Mercadien is pleased to announce several promotions within the firm’s corporate leadership team.  Ms. Melissa Correa, CRCM, a member of the Financial Institutions Services Group, was promoted to managing director of The Mercadien Group and principal in Mercadien, P.C., CPAs (the official titles of firm partners). Melissa has been…

As a small financial institution, you may not have formalized a comprehensive model risk governance program. Model governance refers to the framework and structure an institution establishes to oversee and manage its models effectively. Such a program is to be in accordance with the Office of the Comptroller of the Currency and Federal Reserve Bank…

Buying or selling a business is no easy task. One of the most critical steps in that process is performing adequate due diligence, no matter what side of the transaction you are on. In this article, we’ll review buy-side vs. sell-side due diligence – how they work, benefits of each, and things to consider during…

Over the years, the Association of Certified Fraud Examiners (ACFE) has consistently estimated that occupational fraud costs the typical organization 5% of its revenue annually. In its most recent biennial report, the ACFE found that a single case of occupational fraud costs the victim organization an average of more than a whopping $1.5 million. Clearly,…

Strategic planning is an important, often overlooked facet of business growth. You see, business leaders who spend too much time working in the business forget to work on the business. The day-to-day pays the bills, after all. But if you want your business to stand the test of time, it’s important to step back and…

You have heard the phrase “risk management” over and over again, but have you taken the time recently to step back and really think about what that means to your organization?  Speaking as a board member of an organization for a moment, it’s my job to understand how my organization thinks about and manages risk. …