News & Insights

Build a More Resilient Nonprofit with Revenue Diversification

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When external conditions change — whether due to economic shifts, policy adjustments or evolving donor priorities — nonprofits that depend on one or two funding sources often face greater financial […]

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What If …? How Stress Testing Can Help Your Business Prepare for Economic Uncertainty

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Even financially sound businesses can be vulnerable to market volatility and unexpected disruptions. Many companies discover too late that their financial position, internal controls or contingency plans aren’t built to […]

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Cash vs. Accrual: Choosing the Right Accounting Method

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Many small business owners start with simple accounting processes. But as their companies grow, the choice of accounting method can significantly impact taxes, financial reporting and access to financing. Understanding […]

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Where a Management Letter Ends and a Process Review Begins

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Municipalities face increasing public scrutiny, tighter budgets, and complex compliance requirements. Financial statement audits are required for municipalities in Michigan and provide essential oversight – but they’re designed to say what happened, not why […]

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Common Bank Reconciliation Pitfalls to Watch For

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Bank reconciliation is one of the simplest — and most effective — internal controls for private businesses. Done consistently and correctly, it helps ensure your financial records are reliable and […]

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