Enterprise Risk Management
Trending Now in the Nonprofit Sector
It’s difficult to recall another time period in recent history when nonprofit organizations faced such a preponderance of financial and operational challenges and new developments. Every time you turn around,…
Steep Penalties for Excess Benefit Transactions
In recent years, the IRS has increased its audits of not-for-profit organizations. One of the hot-button topics is asset protection, which includes monitoring private inurement and private benefit transactions by…
Understanding the Importance of Directors and Officers Insurance
Many individuals volunteer to serve on the boards of directors or trustees of nonprofit organizations they believe serve an important role in the community. The reasons individuals decide to lend…
NJAMHAA News Profile on Mercadien’s Nonprofit Services and Kyle Neeld
When Kyle Neeld, CPA, began working for the Mercadien Group 15 years ago, he was a consultant for the long-term care services group, conducting financial and market feasibility studies for…
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…
NJ Business Magazine features article on Risk Management by Sherise Ritter
In today’s fast-paced business environment, coupled with significant regulatory, social and technological changes that have occurred the past few years, organizations are subject to myriad risks. As a result, it’s…
Combating Insider Abuse: An Ethical Epidemic
Unfortunately for financial institutions, there are universal business truths that do not go away with time, trends or wishful thinking. Insider abuse is one of those truths, as it is…
How Nonprofits Should Manage Risk
Given today’s fast-paced environment and the significant social, technological and regulatory changes that have occurred over the past few years, nonprofit organizations are subject to a myriad of risks. As…
HIPAA and the Risks with Contractors
Most public, private and governmental entities are well aware of their responsibilities, as covered entities, to protect health records and certain personal information. They have identified their areas of risk…
NJ Banker Magazine Features Article on Internal Audit by Salvatore Zerilli
Internal audit, when properly implemented, is an essential element to assist your financial institution in discovering control weaknesses, regulatory and policy violations, and operational inefficiencies. Such self-scrutiny provides an institution…