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Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

The Face of Fraud in Nonprofits

Most everyone likes to think of their employees as being honest and incapable of fraud or other wrongdoings. Unfortunately, that’s not always the case. Consider the following example inspired by a real-life event in a nonprofit organization.
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Five Things Nonprofit Board Members Should Expect Out Of An Audit

The accounting profession has been dealing with what we call the “expectation gap” probably for as long as audits have been performed. There have been many attempts to bridge that gap but it has been a very slow and tedious process.
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Succession Planning Important for Nonprofit Organizations, Too

Nonprofits, like any business,must be prepared for leadership changes.
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Business Intelligence for Manufacturers and Distributors

You want your manufacturing or distribution business to have a competitive edge, right? Try business intelligence.
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Selling Construction Business to Employees Is a Good Succession Plan

The next 10 to 20 years will see the largest transfer of business assets in U.S. history as the last of the baby boomers retire. A large number of construction businesses will be part of this trend, and owners of construction businesses need to consider...
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