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All About Audit & Assurance (5)

3 Ways Construction Contractors Can Prepare for Their First Audit

Maybe you have a new contract that requires an audit or maybe your bank requested audited financial statements. If you’re a construction contractor, a first-time audit can seem overwhelming and daunting. Because your work in process schedule is crucial...
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Liquidity Disclosures: What Nonprofits Need to Know

Nonprofits are required to include a liquidity disclosure in their financial statements. This liquidity disclosure overviews qualitative and quantitative information about how the nonprofit manages its liquid resources. This information can make it...
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Responsibilities of a Nonprofit Audit Committee

Do you know what you’re signing up for if someone asks you to be on the audit committee of a nonprofit organization?
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How to Make Your Private School’s Next Audit Stress-Free

We recently polled private school heads and financial staff to find out whether their last audit was “stress-free.” Not surprisingly, nearly half of respondents answered “no.” While it’s easy to look at your school’s annual audit as a necessary evil, not...
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3 Financial Ratios and Benchmarks Nonprofits Must Know

Financial ratios and benchmarks can be used to assess the financial health of your nonprofit. These ratios and benchmarks can help management make decisions regarding organizational strategy and budgeting and, ultimately, help your nonprofit manage its...
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Gross Mendelsohn’s Staff Raises the Glass Ceiling With a Set of Golf Clubs

It’s no secret that playing golf can help you develop business relationships. While business has a long-standing place on the golf course, women haven’t had a prominent place on the green. According to Forbes, women are interested in playing golf, but...
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