- Wildfire and Disaster Funding Opportunities for Arizona Cities and Towns
- Preparing for the Future of Single Audits: Navigating the Latest AICPA Guidance
- Common Audit Requests for Selections and the ADM 15
- 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?
Tag Archives: accounting
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
Posted in Articles
Tagged accounting, Arizona, CPA, CPA firm, internal audit, internal controls, nonprofit, NPO
Comments Off on Internal Auditing without the Internal Auditor
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
Comments Off on Non-Profit Accounting for Website Development Costs
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
Posted in Articles
Tagged 501(c), accounting, credit, debit, donations, financial statements, nonprofit, NPO, recording
Comments Off on Recording Auction and Raffle Items
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
Posted in Articles
Tagged accounting, financial statements, nonprofit, NPO, subsequent events
Comments Off on Identifying Subsequent Events
Helpful Suggestions to Correct Common Errors in Form 990 Functional Expense Reporting
Why is functional expense reporting so important for nonprofit organizations? One good reason is that the IRS is looking at it as a part of their review of your organization’s Form 990. Some of things they may be more specifically … read more
Posted in Articles
Tagged accounting, Arizona, cost allocation, donor, expenses, Form 990, nonprofit, NPO
Comments Off on Helpful Suggestions to Correct Common Errors in Form 990 Functional Expense Reporting
Capitalizing Website Development Costs
A website provides exposure for your organization’s cause, imparts a sense of legitimacy and transparency, serves as a central location to describe your programs, and explains the ways contributors can get involved. As a result, more and more organizations are … read more
Posted in Articles
Tagged accounting, amortization, Arizona, capital asset, expenses, New Mexico, nonprofit, NPO, website
Comments Off on Capitalizing Website Development Costs
Revenue or Reimbursement – Determining the Proper Accounting Treatment
Most often, transactions that increase the financial resources of an organization are relatively easy to record and determine the proper accounting treatment. That being said, there are certain other transactions that may appear to increase the financial resources of an … read more
Posted in Articles
Tagged accounting, expenses, financial statements, receivables, reimbursements, revenue, school district
Comments Off on Revenue or Reimbursement – Determining the Proper Accounting Treatment