Category: Article
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4 Financial Metrics Every Business Should Monitor
September 27th, 2023
Here are four financial metrics to consider adding to your business dashboard to help you identify where there might be some bumps in the road.
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How to Leverage your Business Applications for AI Success
September 27th, 2023
Here is how to ensure you’re leveraging AI’s promise and limiting its perils for your organization.
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The Impact of Asset Turnover on Profits and Cash Flows
September 27th, 2023
Here are six strategies to improve asset turnover.
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How to Prevent Occupational Fraud in a Growing Business
September 27th, 2023
Here are five of the most successful factors that can help to detect and prevent fraud from happening in your business.
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4 Common Mistakes in ESOP Accounting
September 25th, 2023
An Employee Stock Ownership Plan (ESOP) retirement plan allows an employee to own part or all of the company they work for and is a valuable part of a company’s shareholder transition strategy. However, some companies that sponsor a leveraged ESOP do not fully understand ESOP accounting rules — for these rules can be unique, […]
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A Banker’s Take on Preparing for Your Business Loan Application
September 21st, 2023
Here is a discussion of the importance of having timely and accurate financial statements.
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IRS Announces Immediate Halt to New Employee Retention Credit Claims Processing
September 20th, 2023
On September 14, the IRS issued a news release announcing an immediate stop to processing Employee Retention Credit (ERC) claims filed on or after September 14, 2023.
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5 Key Components of the Schedule of Expenditures of Federal Awards (SEFA)
September 7th, 2023
Here are five key items management should include on the SEFA that will ensure the schedule is accurate and complete.
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How to Assess the Productivity and Efficiency of your Accounting Department
August 29th, 2023
Here are a few key metrics that can be used as a quick assessment tool for accounting departments.
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The Importance of Establishing a Gift Acceptance Policy in a Not-For-Profit Organization
August 29th, 2023
Each gift should be evaluated against the gift acceptance policy and the organization should consider these three questions.