News & Insights

Should Your Nonprofit Adopt (or Revise) Term Limits for Board Members?

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Board composition plays a critical role in a nonprofit’s governance, financial oversight and long-term sustainability. One question many organizations face is whether to have term limits for board members. While […]

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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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8 Signs Your Association Has Outgrown the Financial Processes It Relies On

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Financial processes are often shaped around the needs and structure an association had when they were first put in place. At that stage, membership activity may have been less layered, revenue streams more […]

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Cost Management is Critical for Companies Today

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Many business owners take an informal approach to controlling costs, tackling the issue only when it becomes an obvious problem. A better way to handle it is through proactive, systematic […]

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Planning for the Future: 5 Business Succession Options and Their Tax Implications

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When it’s time to consider your business’s future, succession planning can protect your legacy and successfully set up the next generation of leaders or owners. Whether you’re ready to retire, […]

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