INSIGHTS
We See Things Differently
When we’re not addressing clients’ needs for business and financial advisory, assurance or tax matters, we’re researching, learning and thinking about related subjects. Check out some of our thinking on a broad variety of topics that may impact your organization. And if you’d like to learn more about any of these topics, we’re always happy to talk.
How to Ask a Board Member to Resign
When it comes to your organization, your board of directors is your backbone. Unfortunately, your board members also hold the power to let your organization crumble if they aren’t working as a unit. Here are a few tips to help ease tensions when asking a board member to resign.
Understanding Your Responsibilities on the Finance Committee
While numbers might not always be the most exciting, your role on a nonprofit’s finance committee is a crucial one. To better serve a nonprofit organization, finance committee members must first understand their responsibilities. We’ve broken down the areas finance committees are typically responsible for.
What To Expect During A Financial Audit
An audit has been scheduled, and you’re thinking, now what? What should we expect? What will the auditors need from me, and when? We’ve outlined the process with what to expect checklists.
Will We Ever Get Back to the Old Normal?
Vaccines are rolling out to the general population nationwide, and there is one question on everyone's mind. Will we ever get back to normal, the old normal before COVID-19 turned our world upside down? Here is what you should really be asking and considering.
Who's Responsible for What During the Audit Process? Boards of Directors, Managing Agents, and Auditors Each Have Roles to Play
The audit process is very complicated, with various parties responsible for specific actions. It is crucial to understand what you are responsible for and understand what it all means. Having this understanding allows you to make informed decisions and to be as engaged in the audit process as you need to be. Here is who is responsible for what during the audit process.
Is An Audit Required For My Non-Profit Organization?
Paycheck Protection Program (PPP) Loan Program Officially Extended 60 Days
It's official. The PPP Loan Program has been extended to May 31, 2021.
Why Keeping Board Meeting Minutes Is So Important
Good minutes from Board of Director meetings keep the organization on track and moving forward with the mission. But minutes don’t just contain essential information for your organization, but for your future audit as well. Here’s the best way to take minutes and why keeping good minutes will pay off.
Answers to the Top 9 PPP Loan Forgiveness Questions
Are PPP loan forgiveness applications due on 11/30? Answers to this and all other PPP Loan Forgiveness questions, keeping you up at night.