March 6, 2023
Mistakes are an inevitable part of running a business. It is a common practice that a business faces a drawback due to an unpredictable financial mistake. Some blame it on ignorance, some on lack of professional guidance, while others are simply trying to find someone to blame. What financial mistakes put business at risk?
February 26, 2023
Three things drive up the cost of Sarbanes-Oxley compliance more than any other: Cost of Scale, Cost of Review, and Cost of Improvement.
August 12, 2022
Most businesses fail. There are a whole host of reasons why, but it usually boils down to a lack of understanding of the basic rules of business. This blog will look at some rules that most businesses ignore, but that can make or break the success of a business. What are the reasons businesses fail?
June 27, 2022
Throughout the course of your business, you may have developed unique practices for carrying out your work which have resulted in a new method for doing business. Innovative new business methods may be patentable. Why should companies patent a business method?
June 26, 2022
Well-written Accounting Procedures are an important part of an internal control system (as required by SOX Section 404), but over documenting can be a detriment to internal controls.
May 16, 2022
Business policies define your governance model for your organization. Weak companies have weak governance models. So what business policies do you need?
April 19, 2022
It’s a good practice to get a W-9 form whenever you engage an independent contractor. When you request a W-9 form, you are indicating to freelancers that you plan to keep your business dealings formal. What is a W9 Form and Why would a business request one?
April 7, 2022
Passing the New Entrant Safety Audit isn’t the end of the road for your business; if there are any breaches, a Department of Transportation (DOT) compliance review is required. What are the reasons and outcomes of a DOT compliance review?
April 4, 2022
Nonprofits are a nationwide pillar of good deeds. Hundreds of thousands of people recognize the efforts of major nonprofits to make a lasting, positive impact on the world. Organizations such as the Red Cross draw international charitable donations for their efforts, while local nonprofits such as a food pantry or humane society make substantial impacts on our communities. What are nonprofit goals, policies and procedures?