Nonprofit

The Near-Term for Nonprofits

I am happy to report that once again, Kyle, Lovepreet and I visited Washington, D.C. to attend the American Institute of CPA’s Annual Not-for-Profit Conference, held each summer.  While there, we packed in a lot of continuing education, discussions with peers, time with clients, and samples of new ethnic foods.  The three of us participated…

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The Risk of Medicaid Recovery Audits

In the health and human services sector, the years-long transition in the provider claims payment system – from contracted cost to fee-for-service reimbursement – is nearly complete.  One question that provider agencies now directly billing Medicaid are asking is: “When will we start seeing recovery audits?”  While recovery audits within waivered services in the State…

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Mercadien Announces Executive Promotions; Names Ms. Raji Sathappan A Partner

The Mercadien Group is pleased to announce several promotions within the firm’s corporate leadership team. Ms. Raji Sathappan, CPA, MBA, CRCM, CAMS, a member of the Financial Institutions Services Group, is promoted to managing director of The Mercadien Group and principal in Mercadien, P.C., CPAs (the official titles of firm partners). Raji has been employed…

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HIPAA Enforcement Reaches Record Levels

It is a well-publicized fact that HIPAA enforcement has been on the rise in recent years.  The Office for Civil Rights (OCR) has now released its annual report, which confirmed that 2018 was a record year for HIPAA enforcement activities. The OCR settled ten (10) cases in 2018, with fines and penalties totaling nearly $29…

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The Bottom Line on Parking Benefits

By now, many of our readers may have heard about what was a little-known wrinkle in the new tax law. Whether you have or haven’t, we are going to break it down for you and get to the bottom line on the matter. Many of you reading this article are senior management in nonprofit organizations…

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Creating a Positive Donor Event Experience

In recent years, experts have cautioned nonprofits against relying too heavily on fundraising events. As it turns out, the cost to raise a dollar through an event is much higher than other methods. Despite this scrutiny, our nonprofit clients still find success with event fundraising. While there are certainly more cost-effective ways to raise money,…

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8 Cybersecurity Risks That May Impact Organizations in 2019

As featured in Security Magazine (data drawn from AON 2019 Cyber Security Risk Report) 2018 showed that a proactive approach to cyber preparation and planning paid off for the companies that invested in it; it’s expected that in 2019 the need for advanced planning will only further accelerate.  “Digital Transformation” is here to stay –…

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Chris Mangano’s Article on Penetration Testing Featured in LBCCC Chamber Compass

Chris Mangano, Vice President of Sales & Marketing, authored an article on Penetration Testing that was recently featured in the Lower Bucks County Chamber of Commerce’s weekly newsletter, Chamber Compass for the week of February 18th. Read the full article below. Before you arrange or commit to a penetration test, understand that the results are…

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K-12 Schools Experienced a Significant Rise in Cyber Breaches in 2018

Data & Statistics reported/outlined by The K-12 Cybersecurity Resource Center 2018 revealed that school districts are not immune to the same types of data breaches and cybersecurity incidents plaguing the most technologically advanced and well-resourced corporations and government agencies. During 2018, the misuse and abuse of school technology and IT systems resulted in 122 publicly-disclosed…

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Considering a Penetration Test? Know Your Options & Which is Right for You

Before you arrange or commit to a penetration test, understand that the results are driven by the information the researcher is provided. Leadership and management need to agree on the scope-of-work, objectives and rules of engagement for the organization performing the testing. This process has been neatly packaged into a color-coded system: Black, White or…

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