Nonprofit
How Do You Know You Need an Outsourced CFO?
Effective financial management is at the core of any successful business. From managing cash flows to making strategic financial decisions, the role of a Chief Financial Officer (CFO) is critical…
The Ultimate Guide to Outsourced CFO Services
Financial management is one of the most challenging aspects of running a business, regardless of its size. When you’re in the weeds with bookkeeping, payroll, and tax filing, it can…
Safeguarding Sensitive Data: Cybersecurity, Compliance & Privacy for Non-Profit Organizations
In an increasingly digital world, nonprofit organizations are handling vast amounts of sensitive data, from donor information to beneficiary records. Protecting this data is not only a legal obligation but…
Is CECL Applicable to my Nonprofit Organization?
WHAT IS CECL? Current Expected Credit Loss (CECL) is an accounting standard introduced in 2016 by the Financial Accounting Standards Board (FASB) with the objective of improving the accuracy and…
Nonprofit Succession Planning: Secure Continuity & Drive Growth
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…
Lessons Learned for Nonprofits: Reflecting on the Lease Accounting Standard
ASC Topic 842, the accounting standard for leases, has brought significant changes for nonprofit organizations in their financial reporting. Over the past several years, these organizations have reassessed and reevaluated…
Mercadien Announces Executive Promotions; Names Three New Partners
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…
Mercadien Celebrates 60 Years of Serving Our Clients & Community
Princeton, NJ & Philadelphia, PA – Mercadien, a leading accounting and advisory firm in New Jersey, is proud to announce its 60th anniversary of providing exceptional accounting, tax and advisory…
5 Tips for Managing Risk at Your Organization
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…
Embracing Change The Right Way: Reimagining Technology Management
When your organization is looking at new technology, it’s easy to get caught in the weeds of evaluation, weighing pros and cons, testing vendors, and more. It’s an arduous process…