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Our Blog

Preparing for the possibility of a remote audit

08 February 2021
Preparing for the possibility of a remote audit

Sadly, you may not be able to look forward to your auditors bringing coffee and donuts when they start audit fieldwork next year. Thanks to COVID-19, most audit procedures might be done remotely. Are you ready for this brave new world in financial reporting?


Cutoffs: What counts in 2020 vs. 2021

05 February 2021
Cutoffs: What counts in 2020 vs. 2021

Accounting is time-sensitive. Here’s a primer on cutoffs for reporting revenue and expenses to help companies that use accrual-basis accounting.


Smart nonprofit leaders know how to delegate

04 February 2021
Smart nonprofit leaders know how to delegate

Good delegation is essential to running your nonprofit efficiently and cost-effectively. Here’s how to choose tasks and staffers so that you have more time to focus on important projects.


How COVID-19 could impact year-end inventory counts

03 February 2021
How COVID-19 could impact year-end inventory counts

It’s almost time for year-end inventory counts. But, if COVID-19 cases are surging in locations where your company’s stores its inventory, you might need to alter your approach.


Principles to guide your nonprofit’s relationship with donors

02 February 2021
Principles to guide your nonprofit’s relationship with donors

The Donor Bill of Rights still offers solid principles for the care and handling of your nonprofit’s donors. But to help protect the charity/donor relationship, you should also learn about recent amendments to the original list.