Blog Archives: 2016

Big Changes Coming for Financial Reporting of Not-for-Profit Organizations

Posted August 18th, 2016 & filed under Blog.

Are you ready for significant changes to the financial statements of not-for-profit organizations?

On August 18, 2016, the FASB issued Accounting Standards Update (ASU) No. 2016-14 Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities. 

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Keeping Sight of the Big Picture when it Comes to Fraud

Posted August 9th, 2016 & filed under Blog.

Do you find that you sometimes get so bogged down in the details that you lose sight of the big picture? You know – not being able to see the forest for the trees.

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A Lesson in Cleaning Your “Accounting House”

Posted July 11th, 2016 & filed under Blog.

This story, brought to us by irs.gov, illustrates a scheme that doesn’t often get a lot of attention, but it can provide fraudsters with an open door.

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The Accidental Fraud Detector

Posted April 20th, 2016 & filed under Blog.

It is often said that hope is a wonderful virtue but a terrible strategy. The same can be said for hope as it relates to fraud prevention. I hope we hire the right kind of people. 

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Rounding the Bases: Tone at the Top Goes Beyond Fraud Prevention

Posted February 17th, 2016 & filed under Blog.

Tone at the top is a very powerful fraud prevention tool, but it is also one of the most difficult to introduce into an ongoing business. Like many internal controls and cultural elements,

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