In the midst of the COVID-19 pandemic, through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Paycheck Protection Program and Health Care Enhancement Act (PPPCHE), the federal government allocated $178 billion in payments to be distributed...
As auditors, we are always busy performing different types of testing, especially controls and compliance-based test work. While there is a common stigma about auditors and audits in general, and they have a “gotcha” sort of mentality, there is a tremendous benefit that a company can derive from the work they perform. The truth is, our goal is to ensure that companies and organizations are complying with rules and regulations so that they can avoid costly errors, especially when it comes to defined contribution pension plans.
In today’s faced-paced business world, it’s challenging to find or make the time to serve our communities and give back. With thousands of nonprofit organizations existing on Long Island and in and around New York City, chances are you know someone who serves on a...
Introduction Occupational fraud is fraud committed against an organization by its own officers, directors, or employees. This type of fraud is the most prevalent type of fraud against an organization and its assets. Data gathered shows that occupational fraud occurred...
The New York State Division of Cemeteries released a revised annual financial report form this year for regulated cemeteries to complete. It is a requirement for all cemeteries to fill out this form, including cemeteries that submit audited or reviewed financial...
It’s almost that time of the year… back-to-school! Summer is wrapping up and the new school year will be right around the corner. It will be a good time for children to see their friends again and meet their new teachers. However, it is also important for parents and...
Eating a healthy breakfast and lunch is an important aspect of a child’s nutrition, and studies have shown that students who eat healthy diets perform better in school than children with unhealthy diets. The National Education Association (NEA) has published facts...
Charity Navigator (CN) is non-profit organization that evaluates charities in America. The CN team assesses charities based on their financial and non-financial performance as well as their transparency with sharing its information to the public. Its goal is to...
Donating sick time to fellow employees or faculty in the workplace is an act that shows compassion for others who may need it more. A co-worker is diagnosed with a severe illness, requiring them to have surgery and not be able to work for several months. They don’t...
