Not-for-Profit and For-Profit Entertainment Venues Will Need an Audit for SVOGs over $750,000
The $16 billion Shuttered Venue Opportunity Grant (SVOG) program was created to offer much-needed COVID-19 relief to entertainment…
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Our blog is an extension of the advice you receive every time you speak with one of our advisors. From industry and advisory trends to useful tax and audit resources and Anders news, you'll gain insights into what we do, who we are and how we can help.
32 Results Found
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June 22, 2021
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April 13, 2021
How to Report PPP Loans on Financial Statements
A key part of the Coronavirus Aid Relief and Economic Security (CARES) Act, the Paycheck Protection Program (PPP)…
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January 29, 2021
RECORDED WEBINAR – Home Mortgage Disclosure Act: What You Need to Know
Download our recorded webinar presented by Brad R. Stumpe, CPA, CRCM of the Anders Banking and Financial Institutions…
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January 22, 2021
Choosing the Right CPA Firm to Audit Your Employee Benefit Plan
Companies that provide employee benefit plans (EBPs) may be familiar with the auditing process required by the Department…
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January 19, 2021
HMDA Data is Due March 1st for Banking Organizations – Are You Ready?
Organizations with loan compliance responsibilities probably came back to work to begin the new year fine tuning a…
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September 29, 2020
Internal Controls for Not-for-Profits in the New Normal
As stay-at-home orders and social distancing have shifted the workforce in many ways, not-for-profits are left with many…
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September 19, 2020
Uniform Guidance Updates for Organizations with Federal Grants
Organizations that receive greater than $750,000 of federal grants are usually subject to additional audit requirements, commonly referred…
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September 17, 2020
How the New Revenue Recognition Treatment Will Affect Not-for-Profits
The way most organizations recognize revenue under U.S. Generally Accepted Accounting Principles (GAAP) was set to change this…
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September 8, 2020
GAAP Financial Reporting Considerations Related to COVID-19
There’s no doubt that not-for-profits have been thrown into a “new normal”. For the past few months, board…
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July 14, 2020
Why Companies Need to Reevaluate Internal Controls in the New Normal Work Environment
As stay-at-home orders and social distancing have shifted the workforce in many ways, companies are left with many…
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February 7, 2020
Choosing the Best Independent Auditor for Your Company
With constant reports of fraud in the news, companies are increasingly turning to independent auditors for additional assurance…
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November 26, 2019
SOC Reports: What Are They and Why Do They Matter to My Business?
In today’s connected and digital business world, more and more companies are relying on service providers to help…
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January 28, 2019
What FASB’s Going Concern Standard Really Means for Your Company
Going concern is an accounting assumption that an entity has the resources to continue operating for the foreseeable…
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December 4, 2018
Switching CPA Firms: How to Move on to the Service You Deserve
People often fret about changing CPAs or professional service providers because change alone can bring forth fear, anxiety…
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November 6, 2018
How the New Revenue Recognition Standard Will Impact Manufacturers
The new revenue recognition standard includes important provisions that manufacturers need to be aware of. Effective 1/1/2019 for…
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July 17, 2018
Buying vs. Leasing Considerations for Manufacturing Equipment
Whether you are an established manufacturer or just starting out in the industry, the decision to buy or…
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April 10, 2018
Internal Controls for a Growing Startup Company
When it comes to starting up a business, it is imperative to make every resource count. Two of…
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February 27, 2018
How Manufacturers Can Detect and Prevent Fraud Using Inventory Internal Controls
Without strong internal controls, organizations are much more susceptible to fraud. This is especially true for manufacturers, who…
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January 2, 2018
5 Steps to Prepare for a Successful Not-for-Profit Audit
Year-end financial statement audits can be a daunting process for not-for-profit organizations. With some planning and preparation, the…
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October 31, 2017
Simplified Accounting Standards Ease Accounting and Reporting for Private Companies
Complying with financial accounting and reporting standards set by the Financial Accounting Standards Board (FASB) can be a…
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June 20, 2017
How to Become DCAA and FAR Compliant with Government Contracts
Landing the first governmental contract is a huge success for a company, but the compliance requirements are rigorous.…
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October 13, 2015
HIPAA and Meaningful Use Audits Underway
If you’ve not yet completed your Security Risk Assessment, now is the time to do so, as CMS…
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June 23, 2015
FASB Simplification Initiative Attempts to Improve Selected Accounting Standards
Have you ever thought to yourself, “Why does accounting have to be so complex”? If you’re like many…
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December 16, 2014
Mitigate Your Risk by Segregating Key Duties
Segregation of Duties is imperative for any business – no individual should have so much access to enable…
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December 9, 2014
Choosing Your Accounting Career
This time of year, many public accounting firms are focusing on hiring full-time employees, part-time employees, and interns…
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June 10, 2014
Accounting Standard Update Issued by FASB Concludes Decade Long Project
The Financial Accounting Standards Board (FASB) issued an Accounting Standard Update (ASU) on May 28, 2014, as a…
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March 4, 2014
SALT Underpayment and Overpayment More Prevalent Than Companies Think
If you are like most businesses, your energy is spent on product, inventory, employees and trends in your…
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January 8, 2014
New Safe Harbor for Office in Home Deduction
The IRS recently published revised information regarding a new safe harbor method for computing an office in home…
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November 20, 2013
Anders Opens New Office at 800 Market Street
Anders’ Downtown and Brentwood offices combined into approximately 45,000 square feet on the Fifth Floor of the Atrium…
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August 27, 2013
Anders Climbs to #124 on INSIDE Public Accounting’s Top 200 Accounting Firms List
Anders rose 33 spots on the Top 200 Accounting Firms List from 2012 to 2013. The jump is…
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May 30, 2013
Improved Management Processes at Manufacturer
At the conclusion of our initial audit, we submitted recommendations for improvement to management. Over the following three…
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February 19, 2013
Construction Industry Best Practices in Internal Controls
Fraud in the construction industry reports the 3rd highest median losses per case compared to other industries. Why…
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