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5 fraud prevention tips for your organization’s payment processes

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Help make your organization’s payment processes airtight and prevent fraud. Here are 5 practical tips to get started.

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Benefits of a data-driven approach to your employee benefit plan audit

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In recent years, a solution has emerged that allows for a more efficient, data-driven approach to your annual employee benefit plan (EBP) audit – cutting back on stress for your finance and human resources departments.

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My nontraditional path to accounting and what it taught me

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If you’re thinking about a career in accounting, the truth is that there are many different things you can do within the accounting industry and plenty of ways to get there.

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Ensure your team is ready for ARPA reporting

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In April, the US Treasury will open the portal for reporting on American Rescue Plan Act (ARPA) expenditures – ensure your team is getting ahead of the reporting process.

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In-kind contributions

How to make the most of your organization’s in-kind contributions

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Despite being non-financial, non-cash donations (a.k.a. in-kind contributions) can help to bolster your organization’s bottom line. Check out these three ways to make the most of them.

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Small business startup

How a financial statement audit could benefit your startup

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Starting a business comes with a lengthy to-do list. One thing to consider adding to yours: securing a financial statement audit.

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Quality management system

From quality control to quality management: New AICPA quality standards are here—is your firm ready?

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If your accounting firm issues reports on financial statements, you likely know the AICPA issued new standards on quality management last year. Although the standards aren’t effective until late 2025, it’s imperative to start implementing them now.

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in-kind contributions

Non-monetary donations: What to do with kindness in-kind

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Non-cash donations to a nonprofit organization are called in-kind contributions, and they come with their own set of requirements—that apply to both the nonprofit and its donors.

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Preparing for Your Government Audit

5 Benefits of preparing for your government audit all year long

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Your government audit takes place once a year so it can be tempting to only think about it, well, once a year. But preparing last-minute can increase your audit-related stress and keep your organization from being truly prepared.

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Current Expected Credit Loss

Measuring credit losses on financial statements

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Under the “current expected credit loss” (CECL) model, entities will will need to consider all forward-looking information when determining allowances for credit losses. Here’s what you need to know about the model.

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