Knowledge and Insights: Newsletters
Travel Insurance: What Is It And Do I Need It?
There are many types of insurances with which we all are familiar, including medical, automobile, life, etc. Another type of insurance known to some is travel insurance. Maybe you noticed…
Have You Heard the Word Merger Lately?
I have. Almost everywhere I go, nonprofit community leaders are discussing working together or collaborating with other organizations. Just over a year ago, I wrote an article entitled, “Would Your…
#AllCashDiet
A new year presents the opportunity to chase goals or restart the pursuit of old goals that weren’t met. The University of Scranton reported that 34% of Americans made a…
April is Financial Literacy Month
Everyone knows that sex, religion and politics are out of bounds for discussion in polite company, right? Now is a good time to recognize another taboo topic that should be…
Highlights of the FFIEC BSA/AML Manual Update
The Federal Financial Institutions Examination Council (FFIEC) recently made significant changes throughout more than a dozen sections of the Bank Secrecy Act and Anti-Money Laundering (BSA/AML) Manual, the first update…
Why and How a Nonprofit Should Establish an Operating Reserve
Congratulations! The nonprofit organization you manage, or represent as a member of the Board of Governance, has made the strategic decision to establish an operating reserve. Making this decision is…
The Affordable Care Act and Employers
The Affordable Care Act (ACA) contains several tax provisions that affect employers. Under the ACA, an employer’s workforce size is significant because this information determines which provisions apply.An employer’s size…
Performance Auditing – A Step Towards Improving Your Business
Although most everyone is familiar with the term audit, a lesser-recognized type of service provided through examination of records is known as a performance audit. These can be described as…
Learn How Impending New Regulatory Reforms Will Affect Your Entity
On December 26, 2013, the Office of Management and Budget (OMB) issued its final grant reform rules to the Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards,…
Budget Less, Forecast In Real Time A Winning Strategy For Some
Budgeting seems to be going out of vogue in some company circles as financial markets, and the economy at large, is becoming increasingly volatile and more difficult to predict. In…