Outsourced Accounting, CFO & Audit 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 services to clients across various industries, including private companies, financial institutions, government entities, nonprofit and human service organizations and individuals and families. Since its establishment…
The Importance of Long-Term Strategic Planning
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…
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 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. …
Why You Should Consider A Fractional CFO For Your Business
In today’s hybrid environment, outsourcing is commonplace and remote work has never been more accepted. Combining those shifts with the need for more strategic thinking and financial leadership, your business could be in a prime position to benefit from a fractional CFO. CFOs do substantially more than just maintain books and records and pay the…
Benefits of an Outsourced or Fractional CFO
Many emerging growth and middle-market companies stand to benefit from the expertise of an experienced financial and accounting professional but are hesitant to carry the cost of a full-time CFO or just struggle to fill that position. Often, these organizations employ a bookkeeper and accounting personnel but lack a fully functional accounting department capable of…
Update to Our PPP Loan Forgiveness Implementation Guide
The PPP Loan Program Evolution Continues As suspected back in May when Mercadien published its Paycheck Protection Program (PPP) Loan Forgiveness Implementation Guide, many rules have evolved and changed for both borrowers and lenders. It has been several weeks since we published the original version of this guide. Over these last several weeks, we have…
Coronavirus Resource Guide for Business Owners
There is an ever-evolving flood of information being made available in response to the COVID-19 pandemic – what it means for businesses, owners and employees, federal and state guidance, clarity on specific issues such as insurance coverage and contractual obligations, what your business can do to be prepared under various scenarios, and much more. To…
Nonprofit Grants & Contracts – It’s Time to Implement FASB ASU 2018-08
In June 2018, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2018-08, Clarifying the Scope of the Accounting Guidance for Contributions Received and Contributions Made. The update aims to minimize diversity in the classification of grants and contracts that exists under current guidance. Following are key considerations, as well as a flowchart…
Alert for All Employers! Be Aware of Substantial Changes in NJ Employment Laws!
The State of New Jersey has made numerous changes to the employment laws in the last two years. Businesses large and small, as well as nonprofit organizations and government entities in New Jersey will need to adapt to meet the new requirements and reduce their exposure to enforcement actions and lawsuits. The following list of…
Moving from “Great, an Audit” to a Great Audit
“Oh great, an audit!” When the word audit is seen or heard by most people working in any type of organization, it usually invokes a negative response. They view the term as an unpleasant event that may be disruptive or unsettling to their normal course of business. To add to the displeasure, audits generally are…