Family business focus: Addressing estate and succession planning.
Family business owners: Prudently planning the future of your company may call for weaving together estate planning and succession planning. Let’s talk strategy.
Your nonprofit has lost an executive. Now what?
If a nonprofit leader leaves unexpectedly and there’s no executive search committee or plan ready, a disorganized and lengthy search is likely. Here’s how to be ready to replace a critical employee.
How your business can sharpen its marketing strategy
Many businesses’ marketing strategies grow dull over time. Here are some broad areas to focus on while looking to sharpen yours.
M&A accounting: Identifying the acquirer in business combinations involving VIEs
Updated accounting rules change how acquirers are identified in M&As involving VIEs. They replace old rules with a more consistent, substance-based approach. Here’s what it means for your next deal.
Cost management is critical for companies today
Many small to midsize businesses struggle to control their cash outflows. A carefully considered and disciplined approach to cost management can help.
Companies should take a holistic approach to cybersecurity
Business owners: Are you taking a top-down approach to cybersecurity? If not, you should be. It’s critical to address the threat at every level of your company.
When corporate sponsorships raise UBIT issues
At a time when every dollar counts, your nonprofit doesn’t want to end up with a UBIT bill. So be careful when accepting corporate sponsorships because some can be risky.
Automate that! How AI and other software can help improve efficiency
Your nonprofit likely already uses accounting software and other tools to automate routine tasks. Could you automate more? Probably. We suggest additional functions that can benefit from AI and other automation.
EBHRAs: A flexible health benefits choice for businesses
Business owners: Are you looking to sponsor a health care plan but want to control costs? One potential solution may be an excepted benefit Health Reimbursement Arrangement.
Mine your nonprofit’s audit report for good suggestions
Your nonprofit must carefully review findings after an annual audit and correct any deficiencies identified in the audit report. But you should also consider acting on recommendations that can reduce risk.
Back to basics: A practical playbook for reporting PPE
Do you have questions about reporting property, plant and equipment assets on your financial statements? From capitalizing costs to calculating depreciation, we have the answers.
Promoting good governance with a board policy
Among other things, a governance policy can provide board members with a framework for making decisions consistent with your nonprofit’s mission. Here’s what to put in your policy.