When it comes to ensuring the accuracy of a company’s financial statements, two commonly used methods are financial statement audits and financial statement reviews. While both methods serve the same goal, they differ in terms of their scope, level...
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For many business leaders, the thought of a nonprofit audit can be a daunting one. However, it’s important to remember that audits are a normal part of nonprofit operations and shouldn’t be feared. In fact, a successful audit can...
“If you can’t explain it to a six year old, you don’t understand it yourself.” -Albert Einstein Welcome to the world of accounting! Today we’re getting back to basics with one of the most foundational components of financial management:...
What small business owners need to know to prepare for their first financial statement audit. When you hear the word ‘audit’ what comes to mind? For most, it is a word that can quickly invoke feelings of anxiety or...