Voided vs Canceled – What Type of Check is your Auditor Talking about?

My favorite response when I ask about canceled checks is “we don’t have very many of those” – especially when it is an organization that is large enough to merit a separate A/P clerk so they transact hundreds of checks a month. So, where’s the confusion coming from? They think I’m asking about voided checks, …

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To Defer or not Defer, that is the GASB? Part 1 – A look into GASB 63 and 65

The Governmental Accounting Standards Board has recently issued two GASB Statements that will affect the way a governmental entity presents its financial statements going forward.  Those GASB statements are GASBS 63 and GASBS 65.  We have broken this blog into two blogs.  Part I will discuss the ramifications of GASBS 63 and Part II will …

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Can Gift Cards Jeopardize Your Volunteer Force?

If you are an organization that relies heavily on volunteers, you likely struggle to find ways to say “Thank You” to those who give of their time, especially those few stellar volunteers who have either been with your organization for a long time, or who have spent extraordinary amounts of time serving your cause. While …

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Reducing Client Costs in Civil Litigation

Prohibitive costs and excessive delays risk failure of the civil justice system to provide parties with a speedy, inexpensive and just determination in civil actions, goals set forth in Rule One of the Federal Rules of Civil Procedure and most state rules. The Forensic and Valuation Services (FVS) Executive Committee of the American Institute of …

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