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Fraud Will Happen

…Unless you take out the temptation for an employee to “borrow” from you. You see, there are three triggers to all fraud. For the fraudster, there’s a “need” for the cash and secondly, their ability to rationalize that you really owe them that money or that they tell themselves they will pay it back. So,

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Top Issues for Not-for-Profits This Year

Christopher Cole, Associate Director- Product Management and Development. Association of International Certified Professional Accountants. As auditors and management begin to prepare for June 30 year-end audits, it’s a good time to share some of the top concerns for not-for-profits this year. How can not-for-profits reassure donors that their contributions are in safe hands? What key

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5 Upcoming GAAP Changes Not-for-Profits Should Know

Wrapping your head around the accounting standards changes on the horizon is no easy task—let alone figuring out which ones deserve the most attention. To help with this, I have highlighted five Financial Accounting Standards Board (FASB) Accounting Standards Updates (ASUs) that not-for-profit accounting professionals should consider prioritizing this year. The following updates have fast-approaching

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