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Our Blog

New audit committee survey reveals trends on risks, ESG reporting and more

29 March 2022
New audit committee survey reveals trends on risks, ESG reporting and more

What are the top concerns your organization is currently facing? This is just one of the questions audit committee members were asked in a recent survey about the audit process in 2021.


Are you ready for the new disclosure requirements for government assistance?

25 March 2022
Are you ready for the new disclosure requirements for government assistance?

Has your organization received any COVID-19 relief funds, tax incentives or other type of government assistance in recent years? If so, you may need to disclose the key details about the transaction in your 2022 financial statements.


4 levels of audit opinions

23 March 2022
4 levels of audit opinions

It’s audit season for calendar-year entities. Will your auditor issue a clean opinion? Here’s what happens when auditors have reservations about the reliability of a company’s financial statements and its ability to continue as a going concern.


Your nonprofit’s board needs to know these financial warning signs

21 March 2022
Your nonprofit’s board needs to know these financial warning signs

What do budgets with unexplained variances, delayed financial statements and overreaching executive directors have in common? Your nonprofit’s board should know the answer to this question.


No audit required? Do it anyway

16 March 2022
No audit required? Do it anyway

Most nonprofits aren’t required to undergo audits. But you may want to engage an auditor anyway. Here’s how to make the process go smoothly and reduce time and costs.