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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.Read More
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.Read More
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.Read More
Cash flow is the lifeblood of a successful company, and your billing processes have a huge impact on it. Here’s how to maintain strong practices and ensure healthy cash flow.Read More
No business owner has a fully functional crystal ball. But a carefully created forecast or projection can help you better prepare for the future.Read More