Knowledge and Insights
Offering resources and insights that help clients and communities
One of the ways Mercadien accelerates client and community success is by continually enhancing and sharing knowledge. By offering our expertise and thought leadership on key business and industry trends and issues, we’re a better resource to you. It benefits everyone to keep minds sharp and fingers on the pulse of what’s critical in today’s dynamic environment.
We’re pleased to provide articles, news, and information to help you stay up-to-date on topics affecting your organization; learn about best practices and processes in relevant fields; and simplify the business and financial complexities you may face.
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$tressed Out in the Workplace
December 3, 2014 | By: Christopher SeizMost people understand that there are only so many hours in the week but are surprised that surveys show 20 hours of productivity are lost per month for financially stressed employees. When the surveys were first done in 1979, 10% of employees reported decreased productivity because of financial stress. Now, that number exceeds 25%. A…Read More
Mercadien Partners with Community to Raise Ebola Awareness and Preparedness
November 19, 2014Albert Giple, a Senior Accountant at The Mercadien Group, is teaming up with the Liberian Council of Churches, East Coast Outreach Development International, Power of Caring and others in the Liberian community in Trenton to raise awareness of and preparedness for Ebola at the Trenton Ebola Awareness Walk on Saturday, November 22, 2014. The two-mile…Read More
How Nonprofits Should Manage Risk
November 13, 2014 | By: Kyle A. NeeldGiven 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 a result, it’s more important than ever to identify your organization’s risks and develop a risk assessment work plan to address and mitigate them. Risk,…Read More
Marguerite Mount Presents Financial Seminar at Girl Scout Leadership Summit
November 13, 2014Marguerite L. Mount, CPA, CGMA, managing director of The Mercadien Group and chair of The Mercadien Foundation, presented a workshop, entitled “Securing Your Financial Future,” to parents and other adults affiliated with the Girl Scouts of Central & Southern New Jersey (GSCSNJ), at its Girl Leadership Summit held at Princeton University on November 1, 2014.…Read More
Is Your Local Government in Compliance with Finance Notice 2014-13?
November 11, 2014 | By: Digesh PatelIn August 2014, the Division of Local Government Services, Department of Community Affairs, State of New Jersey (DLGS) issued Local Finance Notice (LFN) 2014-13 as a reminder for local authorities and fire districts to be in compliance with New Jersey Administrative Code (N.J.A.C) 5:31-7.6. N.J.A.C 5:31-7.6 requires all local authorities and special districts, including fire…Read More
HIPAA and the Risks with Contractors
November 11, 2014 | By: Bryan ScrewsMost 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 and have put systems and processes into place to mitigate the risks and potential threats to the security of this protected health information (PHI) within…Read More
NJ Banker Magazine Features Article on Internal Audit by Salvatore Zerilli
November 1, 2014Internal 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 with the ability to take timely, corrective action when needed to maintain its safety, soundness, profitability and integrity. Risk Assessment Proper implementation of an effective…Read More
Relief For Small Business Retirement Plan Filing Penalties
October 24, 2014 | By: Linda K. SoleyThe Internal Revenue Service began a one-year pilot program last June to help small businesses with retirement plans that owe penalties for not filing reporting documents. By filing current and prior year forms during this pilot program, they can avoid penalties. The IRS is reaching out to certain small businesses that maintain retirement plans and…Read More
Writing A Successful Business Profit Plan
October 24, 2014 | By: Samuel J. KenworthyNow more than ever, clients are reaching out to us for advice on how to create successful business plans that will consistently drive profits. Many thriving businesses begin with someone’s great idea for a product or service. While that first inspiration is critical to any successful company, it is also advisable to have a solid…Read More