- Documenting Board Approval for Payroll Contracts
- Travel Reimbursements – Tips for Uncommon Scenarios
- Why Segregation of Duties Matters in an IT Environment
- Don’t Hold Your Breath: Why Water and Wastewater Rates in Arizona Aren’t Falling Anytime Soon
- Do Your Due Diligence!
- What Happens When Cash Isn’t Reconciled
- Adjacent Ways Projects: Capitalize or Expense?
- Excel Made Easy – VLOOKUP and XLOOKUP
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Author Archives: admin
What to Look Out for when Reviewing Bank Reconciliations
The bank statement reconciliation process is one, if not the most critical, of an organization’s internal controls. To ensure appropriate segregation of duties, it is important that bank statements and reconciliations are reviewed by someone other than the preparer, especially … read more
Posted in Articles
Tagged 501c3, accounting, audit, bank reconciliations, government, internal audit, internal controls, nonprofit, NPO, review, segregation of duties
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Adding Data Mining and Analytics to Your Tool Box
This article originally appeared in the November 2016 School Business Affairs magazine and is reprinted with permission of the Association of School Business Officials International (ASBO). The text herein does not necessarily represent the views or policies of ASBO International, and use … read more
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Maintaining Your Organization’s 501(c)(3) Status
When a non-profit organization is granted 501(c)(3) status by the Internal Revenue Service (IRS), it is required to follow certain guidelines and regulations set by the IRS.The IRS monitors and regulates these organizations to help ensure these organizations are meeting … read more
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Tagged 501c3, accounting, Arizona, CPA, CPA firm, government, internal audit, IRS, non-profit status, nonprofit, NPO, tax exempt, tax-exempt status
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Internal Auditing without the Internal Auditor
Every organization has, or should have, an internal control structure that allows the organization to work efficiently, while reducing risks of theft or fraud. Some of these organizations are large enough to employ their own internal auditors or an entire … read more
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Tagged accounting, Arizona, CPA, CPA firm, internal audit, internal controls, nonprofit, NPO
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Non-Profit Accounting for Website Development Costs
Posted October 18, 2016 Presentation by Mike Hoerig:
Posted in Videos
Tagged accounting, capital assets, expenditure, expenses, financial statement, nonprofit, NPO, website development
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Recording Auction and Raffle Items
Auction and raffles are common and successful ways for non-profit organizations to raise funds. To help makes these event successful, organizations often ask for donations to be used as auction and raffle items. The accounting treatment for these donations is … read more
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Tagged 501(c), accounting, credit, debit, donations, financial statements, nonprofit, NPO, recording
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Identifying Subsequent Events
Those of you who either prepare or review financial statements have almost certainly heard the term subsequent event. If you’re an auditee, you have most likely been asked if you know of any such events, prior to your financial statements being issued. … read more
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Tagged accounting, financial statements, nonprofit, NPO, subsequent events
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