YHB News

Feb

Mastering the Statement of Functional Expenses: Overcoming Common Challenges

The Statement of Functional Expenses (SFE) is a cornerstone of not-for-profit accounting, providing transparency and accountability to donors, stakeholders, and regulatory bodies. However, many organizations face challenges when preparing this…

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7 common M&A due diligence pitfalls

Beyond Boomers: How to engage younger…

Financial relief for families: The benefits…

What to do if your CFO or controller leaves

November 29, 2022

A leadership departure in your accounting department can create turmoil, at least temporarily. However, it also provides an opportunity to assess the department’s performance and create a vision for how…

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Accounting policies and procedures are essential for nonprofits, too

November 21, 2022

Financial reporting isn’t all about profits. Not-for-profit entities can also benefit from implementing formal accounting processes. From preparing budgets and monitoring financial results to paying invoices and handling payroll tax,…

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Preparing for year-end inventory counts

November 16, 2022

How accurate is the amount reported in your company’s perpetual inventory system? To best answer that question, a physical count is essential at year end. For calendar-year entities, year end…

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Reap the benefits of QuickBooks software solutions

November 8, 2022

Bookkeeping is essential to running a business. QuickBooks® is one of the most popular software programs for this purpose because it offers numerous features that other programs may not have.…

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OECD issues final Crypto-Asset Reporting Framework – now what?

November 8, 2022

TAX ALERT | November 08, 2022 Authored by RSM US LLP The Organisation for Economic Co-operation and Development (OECD) recently published the final Crypto-Asset Reporting Framework (CARF) along with proposed…

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New accounting rules for supplier finance programs

October 31, 2022

Does your company use supplier finance programs to buy goods or services? If so, and if you must adhere to U.S. Generally Accepted Accounting Principles (GAAP), there will be changes…

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