Insight Tag: Auditing
Aug 16, 2024
Article
Ensuring Accountability: The Vital Role of Audits and Reviews in Not-for-Profit Organizations
Accountability stands as a cornerstone principle, essential for maintaining trust with donors, stakeholders, and the broader community in any not-for-profit. At the heart of ensuring this accountability lies audits and reviews, critical processes that provide transparency and uphold financial integrity.
Apr 29, 2024
Article
Navigating IRS 1099 TIN Mismatch Letters: What You Need to Know
The IRS has recently issued a series of 1099 TIN mismatch letters, also known as CP2100 and CP2100A notices for 2022 and 2023, indicating a ramp-up in enforcement and penalties related to 1099 filings. These notices can lead to significant compliance obligations, so understanding what they mean and how to respond is crucial for maintaining compliance and avoiding penalties.
Mar 13, 2023
Blog
Do You Play By The (Capital Asset) Rules?
Do you have assets that continue to be used well beyond a single reporting period, such as land, land improvements, buildings, furniture and equipment, infrastructure and construction in progress? Then you have capital assets and special reporting requirements. Read on to learn more.
Jun 3, 2022
Blog
SAS 114: Essential Information May Be Hiding In Plain Sight
What the heck is a SAS 114 letter and why are you getting one? Read on to find out.
Aug 19, 2021
Blog
Don’t Make These 10 Audit-Triggering Mistakes
Want to stay off the IRS audit list? Start by avoiding these 10 1040 faux pas.
Aug 2, 2021
Blog
Robotic Process Automation Elevates CPAs’ Advisory Game
Find out how automation is empowering advisory services.
Apr 12, 2021
Blog
How Strong Are Your Internal Controls?
Do you have internal controls in place to protect your organization from occupational fraud?
Dec 2, 2024
Newsletter
Plain & Simple | Fall 2024
As we wrap up 2024, I'm filled with gratitude and excitement following our most successful Manufacturing Day event yet. The energy and engagement from all who attended made it truly special, and I want to personally thank each of you who joined us. Your participation and enthusiasm continue to make this annual gathering a cornerstone event for our manufacturing community. If you missed it, you can view the presentations here: www.reacpa.com/mfg-day-video.