Articles Tagged - Organization

Do You Have an Accounting Policies & Procedures Manual for Your Nonprofit?

By Wiss, Posted in Not For Profit

By Diana Miller Written documentation of your organization’s policies and procedures regarding accounting practices always makes sense, regardless of your line of business. But it’s particularly critical when yours is a not-for-profit organization. While the production of such a document can be highly detailed and time-consuming, it’s worth it. And it’s a job you’ll likely only do once -- or perhaps just tweak periodically as laws or conditions change. Let’s take a bri... read more.

Preparing for a Financial Audit

By Wiss, Posted in Tax Alerts

By Randy Cohen “We’re being audited.” Those three little words can strike fear into the heart of any executive. Nobody likes the prospect of an outsider combing through the books and potentially exposing errors. Yet as unpleasant as a financial audit can be, with the right attitude and approach, it can prove a valuable tool for improving your business — and an auditor can be viewed as a trusted adviser instead of as an adversary. The key to an efficient and successful financial au... read more.

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