News & Insights
Recent Posts
- How to Strengthen Your Nonprofit’s Cash Flow
- Beware of Potential Tax Issues When Selling Self-Created Intangibles
- Should You Make After-Tax, Non-Roth 401(k) Contributions?
- The Business Lifecycle Part 3: The Growth Stage
- Managing Overhead Costs Today
- Midyear is a Good Time to Update Your Business’s Strategic Plan
- The Pros and Cons of Alternative Investments for Nonprofits
- The Audit Findings That Never Seem to Go Away – And How Municipalities Can Fix Them
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Footnotes: The Narrative Behind the Numbers
Although footnote disclosures appear at the end of reviewed or audited financial statements, they’re far more than a regulatory formality. They provide critical insight into a company’s accounting policies, unusual…
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Improve District Financial Management with a Process Review
Business Managers have plenty of tasks that keep them busy, and it seems like more are added each year. Between monitoring grants, managing staff, getting vendors paid, and putting out…
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Simplifying Michigan School Finance: Navigating Complex Financial Management
By Erica Metcalf Effective fiscal management is critical to the success of any school district, and Michigan schools face unique challenges in navigating the complexities of financial regulations, reporting requirements,…
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What is the MD&A Report in a Local Government Audit?
Reading and understanding a local government financial statement can be overwhelming and confusing. Although the Uniform Budgeting and Accounting Act may mandate the audit, board members often miss the opportunity…
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FAQs About Reporting Subsequent Events
Subsequent events are in the spotlight these days. The Public Company Accounting Oversight Board (PCAOB) recently initiated a project to modernize outdated auditing standards related to these events. The PCAOB…