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A Successful Business Requires Strong Governance
Begin With the Business Structure Good governance starts with the initial organization (or reorganization) of a business. For the sake of simplicity, we’ll focus on governance issues in the context…
Family Business Planning – Handing The Torch To The Next Generation
Every family business must transition control to the next generation someday. But will the next leader be another family member — or is there a better choice outside the family…
Why Sound Board Oversight is Essential to Your Organization
While not much these days shocks me, I am greatly disappointed when I learn that seemingly good organizations have gone off the rails. As co-leader of Mercadien’s Nonprofit Services Group,…
Is Your Nonprofit Addressing the New Cost Principle Reforms?
It’s not too late to get up to speed on new federal and state cost principles and other requirements for your federal and New Jersey grants. As you may be…
Raji Sathappan New Flood Insurance Article Cover Story of NJBankers Magazine
The National Flood Insurance Act of 1967 and the Flood Disaster Protection Act of 1973 (FDPA), as amended, govern the National Flood Insurance Program (NFIP). Among other things, these statutes require the…
April is Financial Literacy Month: Learn 4 Important Steps for Getting Ahead!
Read the Mercadien Foundation’s guide to improving financial capability and an exploration of the state of financial literacy today. The state of financial literacy and capability in our community is…
Protecting the Public Through Forensic Investigations
Recent headlines involving fraud, waste, and abuse within the public sector serve as constant reminders that conducting proactive audits in organizations are critical to cultivating success and accountability. These audits may uncover…
NJ Society of CPAs Publishes Article by Mercadien Tax Intern
7 Tips to Help You Make the Most of an Accounting Internship For many aspiring college graduates looking to enter the accounting profession, landing an internship is an important step…
Avoid Common Nonprofit Financial-Reporting Errors
Nonprofit organizations tend to make almost two times more accounting errors on their public financial statements than similarly-sized for-profit companies; that is according to a study by an associate professor…
IRS Outlines Exempt Organization’s 2016 Priorities
The IRS Tax Exempt and Governmental Entities Division recently issued their 2016 priorities. Exempt Organizations (EO’s) overarching compliance strategy is to ensure organizations enjoying tax-exempt status comply with the requirements…