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Three Tips for Making the Auditing Process Smoother

Nonprofits aren’t required to produce audited financial statements. But audited statements are more likely to reassure big donors and grant makers about your financial stability and generally will be required if your organization applies for a bank loan. When you hire...

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Tax Legislation on the Horizon

We want to make you aware of a piece of newly proposed tax legislation, The Tax Relief for American Families and Workers Act of 2024 (H.R. 7024).   Proposed Changes The Bill includes many changes, but the impactful provisions included in the bill for many...

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Solid Financial Reporting Can Help Attract Financing

Financial reporting plays a key role when a business needs funds for continued operations and strategic investment opportunities. Lenders and investors will generally want to review your company’s financial statements before they give it money. Timely, reliable...

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Uncertainty Calls for a More Flexible Budget

If you generally prepare static budgets well in advance of each fiscal year, you may want to switch things up. Rolling budgets can provide your organization with greater flexibility. And in the event of major changes, you may even want to consider reforecasting your...

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Best Practices for M&A Due Diligence

Engaging in a merger or acquisition (M&A) can help your business grow, but it also can be risky. Buyers must understand the strengths and weaknesses of their intended partners or acquisition targets before entering the transactions. A robust due diligence process...

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