Find News, Insights, & Resources
Looking for something else?
Search Again
Managing multiple funds in local government is complex, and relying on multiple bank accounts can increase errors and other issues. Abdo senior manager and government advisor Tessa Beuning explains how proper fund accounting centralizes tracking and reporting to streamline financial management and reduce risk for your organization.
Read More
Nonprofits do important work that strengthens communities and changes lives. But to carry out its mission, a nonprofit must have a strong accounting foundation—and this is where accrual accounting plays a key role. In this article, Abdo manager and nonprofit advisor Nathan Maack spotlights how accrual accounting works, why it’s required for some nonprofits, and how organizations of all sizes can benefit from it.
Read More
To help you confidently choose the right accounting system for your organization, Abdo partner and technology advisor Geniene Scherer shines a light on key software-selection steps.
Read More
GASB Statement No. 101 will change how governments account for paid leave benefits—and will be effective for audits with fiscal years ending on December 31, 2024.
Read More
Help make your organization’s payment processes airtight and prevent fraud. Here are 5 practical tips to get started.
Read More
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.
Read More
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.
Read More
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.
Read More
Starting a business comes with a lengthy to-do list. One thing to consider adding to yours: securing a financial statement audit.
Read More
From quality control to quality management: New AICPA quality standards are here—is your firm ready?
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