Fidelity bonds serve as a safeguard against losses caused by fraudulent or dishonest acts by individuals who handle 401(k) plan assets. Like any financial tool, there are potential pitfalls and challenges associated with fidelity bonds that could compromise your plan’s security. Learn more about what could go wrong and how you can proactively mitigate these risks.
AI is reshaping the real estate industry, offering unprecedented efficiency and precision. However, while AI brings significant opportunities, it also introduces challenges that must be carefully managed.
The fundamental purpose of board minutes is similar across different types of organizations; however, there are nuances that differentiate how for-profit and nonprofit boards approach their creation and maintenance. Understand these differences and the best practices that can significantly enhance the organizational governance and integrity.
IRS and Treasury made progress on exempt organization guidance projects identified in the 2023-2024 Priority Guidance Plan.
Understand as a plan sponsor, the intricacies of the 103(a)(3)(c) audit, which is essential for maintaining compliance and ensuring the financial integrity of your 401(k) plan.
AI offers incredible opportunities for the construction industry, but it also brings challenges that require careful management. By thoroughly evaluating the risks and rewards, construction companies can unlock AI’s full potential, driving unprecedented innovation and growth in their projects.
With vast resources, complex operations, and public scrutiny, government organizations face unique challenges in detecting and preventing fraud. Let’s explore practical solutions to keep these institutions on the straight and narrow.
Jess Vento from LeaseCrunch has a solution to simplify the process of implementing ASC842, an accounting standard that changed how companies report leases on their financial statements.
Despite popular misconceptions, small and mid-size nonprofits can establish endowments – for as little as $100. Here’s a guide to setting up an endowment for organizations that aren’t sure they can manage it.
Learn more about outsourcing all or part of your accounting or finance function.
As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.
