Too many non-profit organizations – aiming to maintain transparency and trust among stakeholders – cower at the sight of audits. But with the right guidance, even those without extensive financial
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Navigating the complexities of the audit process within the death care industry requires a specialized approach, one that an experienced accounting firm can provide with finesse. This sector’s unique financial
Facing the prospect of an audit can be an overwhelming experience for businesses, emphasizing the critical need for meticulous preparation. MKS&H recognizes the nuanced challenges of audit preparedness and has
When it comes to taxes, the Internal Revenue Service (IRS) plays a crucial role in collecting revenue for the government. One of the ways the IRS ensures compliance with tax
Recently, the AICPA Auditing Standards Board (ASB) issued an updated Statement on Auditing Standards that will lead to some audit changes in how employee benefit plans that are subject to
Medical practices that work with insurance providers always need to be conscious of the accuracy of claims that they are submitting. If you suddenly receive an audit notification from one
As we approach the end of a particularly stressful and tumultuous year, it’s time to take a moment to assess the financial state of your business and complete your accounting
Understanding the different levels of service an accountant can provide related to an organization’s financial statements is important when determining what your company may need. Owners may automatically assume that
Financial statements help investors and lenders monitor a company’s performance. However, financial statements may not provide a full picture of financial health. What’s undisclosed could be just as significant as
Business owners generally prefer to work with entities they know and trust. But related-party transactions can provide opportunities for individuals to act in a manner that’s inconsistent with the interests