Over the past number of months, I have been working with several clients to realign their financial management systems, bring their daily financial management in-house, and conduct exhaustive reviews of their financial data. It has been an interesting and challenging time to say the … [Read more...] about Auditing the Auditors
Whether your organization’s year-end is December 31, March 31, or some other time during the year, the annual audit is always a source of stress for organizations. It’s that time of the year when your organization is put under a microscope and tested to ensure its financial affairs are in order. An … [Read more...] about Audit time is just around the corner. Are you ready?
In sport, we often talk about physical literacy as “the mastering of fundamental movement skills and fundamental sport skills that permit a child to read their environment and make appropriate decisions, allowing them to move confidently and with control in a wide range of physical activity … [Read more...] about Financial Literacy – What is it and Who needs it?
It seems that everywhere we turn, not for profits and charities are being put under more and more scrutiny. Whether this is warranted or not remains up for debate but rest assured, this level of oversight is not about to let up any time soon. While some of the scrutiny is well-known at this … [Read more...] about Under the Microscope in More Ways than One!
To date we have written extensively about the impacts that the NFP Act will have on membership classes and board structures. These are the main issues that NSOs and MSOs will need to address in order to become compliant with the NFP Act by 2014. However, there are many other seemingly smaller … [Read more...] about Don’t Overlook Some Financial Impacts of the NFP Act