PPC’s Guide to Audits of Nonprofit Organizations: Checklists & Guidance

Content Selecting GAAP Principles Special Considerations for States, Local Governments and Indian Tribes Audit Requirements Independent Audits (non-IRS Audits) Selecting a Nonprofit Auditing Firm Performance and Financial Monitoring and Reporting Equity comes to forefront in asset management Nonprofit organizations may require compilations, reviews, audits, or Single Audits. PPC’s Guide to Audits of Nonprofit Organizations includes… Continuar lendo PPC’s Guide to Audits of Nonprofit Organizations: Checklists & Guidance

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Categorizado como Bookkeeping

Defined Contribution Pension Plan

In contrast to a defined contribution plans, for a defined benefit plan, the pension payment to the employee during retirement is set by the sponsoring employer. Typically, the benefit is calculated as a percentage of an employee’s final salary and the number of years they have worked for the company. By setting the eventual post-employment… Continuar lendo Defined Contribution Pension Plan

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Categorizado como Bookkeeping

Law Firm Accounting 101

If you need to go back at the end of the year and sort your financial data into all three categories, it’ll be a nightmare. As a result, you should open a separate checking account and credit card for your legal practice before you start taking on clients. As a result, it’s unwise for lawyers… Continuar lendo Law Firm Accounting 101

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Categorizado como Bookkeeping