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For an internal review, your organization’s own management or finance team evaluates your financial practices and strategy. While helpful for routine oversight, internal reviews lack the objectivity and professional validation of an external audit. The cost of an independent audit […]

Aligning accounting practices with the organization’s structure, whether it operates on an accrual or cash basis, is also essential. An independent audit may be among the nonprofit audit requirements for those enterprises receiving federal funding. Congress to assure compliance with […]

In all but the smallest of organizations, a cash flow forecasting process will involve gathering data from several people or departments. Forecasting involves inherent uncertainty, making scenario analysis and sensitivity testing invaluable practices. Moreover, small businesses typically have limited resources […]

Today, individuals and businesses alike generate more financial data than ever before. Statements from various bank accounts, online transactions, and other financial data are a very real part of our everyday lives; unfortunately, so are financial crimes like fraud. All […]