Managing Money With Mission

Remote Audits Aren’t Going Anywhere

remote-auditingRemote audits in 2020 proved to be so valuable, some firms are leveraging the technology by going another step further, taking deep dives into cybersecurity risks and searching harder for fraud. Auditors will be heading back to their offices soon and while many will still prefer to meet in person with their clients, some large firms discovered they can tap into auditors with special skills from any of their locations around the country saving time and money.  As a nonprofit, or for-profit, here are the three most important ways to prepare for a remote audit. Continue Reading

Five Nonprofit Accounting Practices to Review Annually

There are always changes that can be implemented at your nonprofit or business that will make your operations more efficient, especially when it comes to accounting practices. It’s hard to realize your organization may be working with multiple inefficiencies since you’re “in the weeds” with day-to-day work.  Unless something goes wrong, why change it? The… Continue Reading

Identity Theft Warning: Unemployment Benefits

We are heading into tax filing season and the IRS is seeing an uptick in taxpayers receiving form 1099-G even though they never filed for unemployment during 2020 and the COVID-19 Pandemic. If you or any of your employees received the form yet never filed, identity theft is likely and someone may have received benefits… Continue Reading