Articles

While a private foundation’s finance department is responsible for managing its day-to-day financial activities, the board also plays a key role in providing financial oversight and staying informed about the foundation’s financial position.

Effective oversight of automatic enrollment & escalation requires ongoing coordination among plan sponsor & its service providers.

Tax-exempt clubs must separately track member versus non-member income to derive the required UBTI calculation.

Adoption of the annual budget may be the target in budget development, it is only the beginning for finance and department managers.

Because it’s rare to find this diversity of expertise in one person, many mid-market businesses don’t have a dedicated CAO role.

For CFOs, controllers and COOs at private fund managers, audit readiness is not simply a year-end exercise.

One of the largest determinants of long-term wealth creation often receives comparatively little attention: income taxes.

While the refund opportunity may be substantial, the accounting and financial reporting implications are complex and largely unprecedented.

The SBA’s new SOP 50 10 8.1 introduces a QoE requirement for SBA transactions involving a business purchase price of $3 million or more.

What many business leaders don’t realize is that in most accounting positions, the job wasn’t only in that person’s head.

Strong governance & independent oversight can help mitigate those risks & protect the organization’s financial health and reputation.

The value of strong controls over automated information extends well beyond satisfying an auditor.