E Cohen CPAs Nonprofit Industry News
E. Cohen & Company CPAs, Here Are Your Articles for Thursday, August 01, 2019
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Should You Outsource Your Accounting Functions?

As your organization strives to use its resources as effectively as possible, you might at some point consider outsourcing the functions that fall under your accounting and financial umbrella. Here are some factors to weigh before making this important decision.

Tax Filing Deadlines Are Good Times to Confirm Other Compliance Issues

All companies should make it a practice to conduct these types of business audits on an annual basis and to properly train their boards, officers, and staff on compliance issues regardless of their size or the nature of their business.

2019 Review of Non Profit Accounting Systems

Many smaller nonprofit organizations make the mistake of thinking that regular accounting software is adequate. And while it’s possible to make it work, the more a nonprofit grows, the greater the need for a system that is designed to track the information that needs to be tracked.

A Nonprofit’s Guide to Risk Management

It can be hard to know where you’re vulnerable and which bases you forgot to cover. That’s where we come in. Risk management is something that needs to be a priority for nonprofit and for-profit businesses alike―especially today.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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