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Auditor selection: A critical process for a successful partnership

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Engaging an auditor is ultimately the responsibility of an organization’s leadership. But choosing an auditor can be a daunting task. Here are some tips to help you find and select the right auditor for your organization.

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Spring cleaning in QuickBooks

Over time, accounting records can become cluttered with unused items and duplications. Discover how to clean things up in your QuickBooks account.

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4 Ways to reduce Single Audit stress for your nonprofit

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Abdo’s nonprofit consultants will work with you to make sure you’re well prepared to tackle anything the Single Audit brings your way.

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Why you shouldn’t stress about your nonprofit’s single audit

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Most people cringe when they hear the words “single audit.” But here’s the thing: There’s no need to fear. Here are a few things you can do for a stress-free Single Audit.

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IRS increases standard mileage rate

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The IRS has announced an increase in the standard mileage rates for the rest of the year.

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Is It Time For a Fractional Expert?

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When your business or organization is growing quickly, a fractional expert is a cost-effective solution to getting financial expertise and guidance without having to siphon funding from other revenue sources. They can save your staff time and save your organization money.

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3 Things Business Owners Should Do by January 31

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It happens every year: We celebrate the new year and then suddenly it’s mid-January. Thankfully, you still have time to complete a few must-do tasks—including the processing of Form 1099s by the January 31 deadline—before the month completely disappears.

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Understanding the Lease Standard: Preparing for the Update and How it will Affect Your Business or Nonprofit

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Join our team of experts as they walk you through the key features of the new FASB Lease Standard (Topic 842), what this ASU will mean for your business or nonprofit financial reporting, and how to ensure a smooth transition to this new compliance standard.

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Webinar Recap: Single Audit Considerations for Nonprofits

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It’s safe to say every organization has grappled with change over the past year. If your organization accepted federal funding, it could be subject to certain reporting requirements as well as a single audit. To help you understand how to plan and prepare for this type of audit, we recorded a webinar on the topic. Here’s a quick recap of what we discussed.

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Tax-Exempt Bonds: What Your Organization Should Know About the Latest Compliance Initiatives

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Are you in compliance with the yield restriction and rebate requirements for your tax-exempt bonds? With so much on the line, it’s important to stay up to date. Here’s what you should know about the latest compliance initiatives in this area.

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