| The first step in a financial audit is to take a closer look at the by-laws, and see what specifically they are requiring, or the intent of including this requirement. Does it ask for a CPA administered audit or just an Administrative Audit? Can the organization perform their own internal audit? Once you know the type of audit required by the by-laws, then you know how to prepare.
Read More| In our first post in this series we discussed the different types of budgets, and went through all the acronyms but one: SOAR. Today, the wait is over! We will go into detail on the SOAR Budgeting Method. To recap, our team came up with several different types of budgets; from no budget at all, to duplicating previous years, to taking a cursory look at the money that was spent and making slight adjustments. While the last one isn't all bad, we know there is room for better.
Read More| Showing appreciation to your people can be an easy way to say thank you. It doesn’t have to cost a lot, or you can go all out. What it says about your organization and what is does for your staff are the biggest reasons why […]
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