Year-end financial statement audits can be a daunting process for not-for-profit organizations. With some planning and preparation, the not-for-profit finance committee or accounting employees can ensure a smooth and successful audit. Listed below are a few steps to take to… Read More
Complying with financial accounting and reporting standards set by the Financial Accounting Standards Board (FASB) can be a burden to private companies. To ease some of the difficulties businesses face, the FASB has issued Accounting Standards Updates (ASUs). These standards… Read More
Landing the first governmental contract is a huge success for a company, but the compliance requirements are rigorous. If Defense Contract Audit Agency (DCAA) compliance raises some concerns you may begin to have doubts about whether your accounting system is… Read More
With constant reports of fraud in the news, companies are increasingly turning to independent auditors for additional assurance about their financial statements and internal control procedures, even though there is no external requirement for such assurance. Banks and investors are… Read More
If you’ve not yet completed your Security Risk Assessment, now is the time to do so, as CMS is currently conducting HIPAA Compliance audits as well as Meaningful Use audits. Below is some pertinent information about both.
HIPAA COMPLIANCE AUDITS… Read More