Certified Public Accountant and Senior Manager on the outsourced accounting side of Vault Consulting walks through five phrases she believes every Not-for-Profit should be familiar with.  Internal Controls Organizations need to have good policies and procedures to minimize vulnerability and make sure everything is done the correct way. To avoid fraudulence or embezzlement, procedures and policies need to be formalized into writing and revised continuously. Equally important is … [Read more...]

A few years ago, my Silicon Valley advisory firm was stuck in the annual cycle of time-consuming, backward-looking and mostly ineffective process of performance reviews. Employees were split over whether the feedback was useful, and the information we got out of the reviews didn’t come close to offsetting the amount of work that went into gathering and distributing them. We wanted a better sense of how our people were doing on the job. That way, we can provide them with the kind of helpful … [Read more...]

Just what you need to put the new revenue recognition standard into action—RoseRyan's newly released 10-page paper on how to get it done! Written by one of RoseRyan’s Technical Accounting Group experts, it recaps the latest intelligence from the field. … [Read more...]

To identify whether an organization is vulnerable or has been a victim of fraudulent behavior, it’s critical to spot common warning signs of internal fraud schemes. The first step is knowing where to look. The Company’s General Ledger (GL) is a good place to start. It’s a book that can tell stories of fraud, manipulation and betrayal. Unfortunately, few know how to read the signs. While investigators, attorneys and auditors tend to analyze the reports generated from the GL and track and monitor … [Read more...]

Finance and accounting consulting firm and FINACA member RoseRyan was recently named a Great Place to Work®. Based on extensive ratings in anonymous surveys with the firm’s workforce, the newest accolade for the award-winning firm distinguishes RoseRyan as a high-trust, high-performing organization. Says Kathy Ryan, RoseRyan’s CEO and founder, about the news, “This rigorous certification validates our culture, our team and our values, something we consciously focus on at RoseRyan.” The … [Read more...]