Accounting & Assurance Archives

Should You Merge with Another Non-Profit?

It’s no secret that non-profit organizations have faced great challenges since the economic downturn began in the late 2000s. In fact, some have even…

Client Spotlight: T&W Corporation

Learn how Sikich provides quality financial financial statement review and advisory to Indianapolis’s T & W Corporation….

Client Spotlight: Jenner Sales Corporation

Jenner Sales an agricultural equipment sales company, discusses how Sikich helps the company with accounting, audit and tax-related challenges, particularly when the IRS selected…

Non-Profit Budgeting: Handling Your Cash Flow

Most non-profits have recently experienced unpredictable economic trends that could cause those organizations to worry about meeting their financial obligations. As a non-profit leader,…

Business Owners Can be Personally Liable for Unknown State Taxes & Penalties

A few years ago, the 75 percent shareholder and president of a corporation visited the Chicago restaurant owned by the corporation to find it…

Non-Profits: Rules for Entering a Joint Venture Arrangement

For decades, non-profit organizations have been looking for ways to increase revenue in order to better achieve their charitable (or exempt) purpose. One way…

GASB Statements 67 and 68

In June 2012, the Governmental Accounting Standards Board (GASB) issued two new statements impacting how state and local governments report their participation in pension…

5 Key Business Credit and Incentive Categories

While highly publicized and touted, tax credits and other incentives have a reputation of being difficult to obtain. Incentives are generally specific and designed…

Non-Profits: How to Choose an Auditor

Being a part of a non-profit organization, you know how important it is to timely and accurately report your financial information. These include how…