by | Oct 26, 2021 | Articles, Auditing, Going Concern
If you are a user of audited financial statements, you should be aware that the auditor’s reports for 2021 calendar year end audits will have a new look.The AICPA Auditing Standards Board (ASB) has issued a suite of standards that affect the auditor’s report:...
by | Sep 12, 2021 | Articles, Auditing, Cost of Sales & Service, Expense Accounting, Income Taxes, Industry Accounting, Non-Profit
While in many ways similar to for-profit corporations, nonprofit organizations are bound by legal, tax, and accounting laws that are unique to them and them alone. As they navigate through their business lifecycles they will face many different challenges, of which...