Auditing

April 13, 2016 

One way to minimize error is to know the common pitfalls of valuations. Sageworks and Chartwell collaborated to produce a practice aid listing 15 common errors found in valuation reports. The complete list is available for download here, but here are ...

April 6, 2016 

Pop star Iggy Azalea has not been getting a lot of good news in the audit area lately. Not only did her Twitter Audit score land at 93 percent – meaning that only 7 percent of her followers are actually real people – but the IRS determined that she owes n

March 30, 2016 

KPMG's Forensic practice helps organizations achieve the highest level of integrity and manage the cost and risk of litigation, investigations, and regulatory enforcement actions by assisting with the prevention, detection and response to fraud ...

March 29, 2016 

Advanced Accounting includes features for nonprofits to manage budgets for each of their designated funds, enabling tight controls for managers. Organizations can also build custom reports by department, campaign, project or custom segment.

March 16, 2016 

Accountants pride themselves on their role as protectors of their clients -- using their continuing education; vast resources from the IRS and industry; and even the audit process to help business owners and investors to side-step the worst of the ...

Dave McClure

March 1, 2016 

When the new lease accounting standard becomes effective, lessees will for the first time be required to report billions of dollars in leased assets and corresponding liabilities from operating leases on their balance sheets.

February 29, 2016 

“The new guidance responds to requests from investors and other financial statement users for a more faithful representation of an organization’s leasing activities,” stated FASB Chair Russell G. Golden.

February 26, 2016 

The year started off with a bang as we cruised the aisles at the annual consumer electronics show in Las Vegas with 170,000 other technology adventurists. CES is the largest consumer electronics show in the world where the latest gadgets are launched ...

Roman Kepczyk

February 19, 2016 

Best Fit: Serenic Navigator from Serenic Software is a nonprofit accounting product best suited for mid-sized to large nonprofit organizations, NGO’s and government entities. Product Strengths Excellent budgeting capability Integrates with Microsoft Office 365 Product is available for on premise and online/cloud deployment Offers optional grant and donor management modules Potential Limitations Significant training may be...…

Mary Girsch-Bock

February 19, 2016 

Best Fit: QuickBooks Online is well suited for smaller nonprofits with basic budgeting and donor tracking needs. QuickBooks Online is Intuit’s latest version available in the QuickBooks franchise. Available in four versions, from Self-Employed to Plus for up to 25 users, QuickBooks Online offers quick online system access using an number of devices including smart...…

Mary Girsch-Bock

February 19, 2016 

Spun off from Serenic Software in 2014, OneNFP is available in three versions: Lite, Standard, and Premium. Also available is One NFP Fundraising, a compatible program designed for nonprofits to better manage donor interaction and communication. 100 percent Cloud-based, One NFP Financials also integrates with Microsoft Office 365. Best Fit: With the availability of two...…

Mary Girsch-Bock

February 19, 2016 

MIP Advance offers users the flexibility of a cloud-based system, along with strong fund management and reporting options. Pricing for MIP Advance starts at $99.00 for a single user and includes GL, AP, Bank Reconciliation, Dashboard, and Export to Excel Only modules. The Standard Version is $199.00 for a single user and includes all of...…

Mary Girsch-Bock