Accounting
May 24, 2019

Lean manufacturers: Reap the benefits of lean accounting

Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not right for every situation. What’s lean manufacturing? Lean…
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Consider a Roth 401(k) Plan - Pros and Cons
Consulting
May 23, 2019

Consider a Roth 401K plan — and make sure employees use it

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s…
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Consulting
May 20, 2019

Employee vs. independent contractor: How should you handle worker classification?

Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over a worker’s day-to-day activities. But the government is on the lookout for businesses that classify…
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Consulting
May 15, 2019

Close-up on professional standards for CPAs

The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA). Part of its mission involves the development and enforcement of a broad range of standards for the profession. Why do…
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Accounting
April 5, 2019

Simplifying the accounting rules for convertible debt and equity

Distinguishing between liabilities and equity on a company’s balance sheet may seem straightforward. But difficulties arise when it comes to the terms of complex securities and financial contracts like redeemable equity instruments, equity-linked or indexed…
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Accounting
March 20, 2019

Automating your accounting department

Many businesses have adopted robotic process automation (RPA), or plan to do so in the future. While most RPA initiatives target “core” business operations, routine accounting functions also can be automated to help lower costs…
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Consulting
February 19, 2019

To Manage It, Measure It

Analyzing Event ROI: Why and How Nonprofit revenue is a bit different from manufacturing revenue, but you can learn something important from manufacturing industries, which is the value of carefully evaluating performance. Today it’s a…
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Consulting
February 19, 2019

Prevent Sexual Harassment at Your Nonprofit

Nonprofit organizations have a legal responsibility to prevent, examine, and act on sexual harassment in the workplace. Further, they must ensure that no one who complains of harassment is retaliated against. Failure to adequately perform…
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Consulting
February 19, 2019

Proactive, Not Reactive

Board Succession Planning Pays Off Most nonprofit organizations know they need a succession plan for their executive director, and many have one in place. But managing transition within the board itself is a different challenge,…
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Consulting
February 18, 2019

What are your 2019 financial resolutions?

Michael Eisenberg, Squar Milner Financial Services Principal, discusses setting financial goals to achieve success for your future. Read the article below for more details. It's not too late to set money resolutions for 2019  
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