Quick Tips for Your 2024 Year-End Business Review
As we head toward the close of the year, the business tax landscape is beginning to come into focus. We won’t know what tax law changes might be in effect until well into the new year. Regardless of the political climate, however, we recommend common sense tax planning considerations you should undertake now as part…
Sage Intacct Q4 2024 Release Overview
Another Sage Intacct quarterly release is here! Sage Intacct, a best-in-class cloud financial management platform, is the first and only cloud financial management solution endorsed by the AICPA. One of its many outstanding qualities is the frequency of new feature releases. Sage Intacct seamlessly releases four quarterly releases per year, and each is rich with…
Protect Your Child from Identity Theft
Cybercriminals target children for identity theft because kids have unblemished credit histories that tend to be infrequently reviewed. That means a fraud may go undetected for years, often until the child has a credit report run when applying for a job or student loan. Identity theft among people under 18 is on the rise. Today’s…
Understanding 2024 OMB 2 CFR 200 Uniform Guidance Changes
The Office of Management and Budget (OMB) recently published its final revisions to the federal Uniform Guidance (2 CFR Part 200). This revision outlines compliance and reporting requirements for federal financial assistance, such as grants and loans. These changes become effective on October 1, 2024 and are noted as the most significant updates to Uniform…
Planning For an Inheritance
If you’re in line to receive an inheritance, your feelings may range from exhilaration for the windfall to grief for the loved one who has passed. A large infusion of cash or assets can be overwhelming. Generally, when planning for an inheritance, there’s no need to act quickly. Take some time to reflect on the…
Alternatives to Financial Statement Audits
By Steven Lyons, CPA, Assurance Senior Manager and Kari Hipsak, CPA, Senior Manager of Quality Management While financial statement audits are mandatory for many organizations, a review or compilation may meet the needs of some. Understanding the differences between an audit, review, and compilation can help your organization select the best engagement to meet your…
Sage Intacct Q3 2024 Release Overview
Another Sage Intacct quarterly release is here! Sage Intacct, a best-in-class cloud financial management platform, is the first and only cloud financial management solution endorsed by the AICPA. One of its many outstanding qualities is the frequency of new feature releases. Sage Intacct seamlessly releases four quarterly releases per year, and each is rich with…