5 Suggestions to Perfect Your Audit Committee Charter

The audit committee plays a critical role in providing oversight of the organization’s governance, risk management, and internal control practices. The Audit Committee Charter outlines the authority, role and responsibilities of the members. Following these 5 suggestions can help transform your good audit committee to a great audit committee. — Kevin Congo, Harris CPAs The quality and completeness of the …

6 Strategies Under $6 to Improve Performance

It is critically important to be efficient as a nonprofit and not all solutions require significant spending. Organizationally, you must have key areas operating at a high level to be successful, including whose on your bus both from an employee but also a board level. Know who you are, differentiate yourself from the crowded nonprofit arena and get those who …

Year End Accounting Update Summary – What’s On the Horizon?

New revenue recognition standards, among others, will have an impact on non-profit. The nonprofits that prepare for the future, will see themselves spending less time and incurring less frustration in implementing the new accounting standards on the horizon. — Cheryl Guiddy, Harris CPAs All entities, including nonprofit organizations, are facing the daunting task of addressing a slew of changes as …