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Recent News & Blog

  • How to train your nonprofit’s employees to combat hackers

    Your not-for-profit organization can’t count its cybersecurity program effective unless it properly trains employees. If staffers visit “dangerous” websites, mix work and personal accounts, or can’t recognize a social engineering scheme, they may open the door to hackers. Both new employee training and refresher courses for longtime staffers can protect your organization. Contact the nonprofit advisors at SEK for more information.

  • Business valuation pros can wear two hats

    In adversarial situations — such as divorces, contract breaches and shareholder disputes — you might need to hire an outside business valuator to evaluate complex financial matters.

  • Improve your QuickBooks Online experience: Explore its settings

    QuickBooks Online is more flexible than you may think. Here are numerous settings that will enhance the way you use the site.

  • Ease the burden of being a member of the Sandwich Generation with these action steps

    If you’re currently taking care of your children and elderly parents, count yourself among those in the “Sandwich Generation.” Although it may be personally gratifying to help your parents, it can be a time-consuming and financial burden.

  • Overview of discontinued operations reporting

    Traditional business models in many sectors have been disrupted by the COVID-19 pandemic, geopolitical uncertainty, rising costs and falling consumer confidence.

  • Protecting youth sports leagues from fraud

    A few years ago, the popular and well-compensated executive director of a west coast youth soccer league was accused of fraud. After scrutinizing the club’s books, the league’s board of directors couldn’t account for $80,000.

  • 4 tax challenges you may encounter if you’re retiring soon

    Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle and income sources that may have numerous tax implications. Here’s a brief rundown of four tax and financial issues you may contend with when you retire.

  • You’ve received a sizable inheritance: Now what?

    If you’ve received, or will soon receive, a significant inheritance, it may be tempting to view it as “found money” that can be spent freely.

  • Should you reassess your nonprofit’s office space?

    Since the original COVID-19 lockdowns, many not-for-profits have allowed their staffers to work from home — or work a hybrid schedule that puts them onsite only part time. This can leave a lot of office space unused.

  • How to use QuickBooks as a fraud detection tool

    Many businesses and nonprofits use QuickBooks® as a cost-effective solution to manage their accounting processes. However, the software’s capabilities extend beyond organizing and streamlining your company’s accounting. QuickBooks can also help you detect fraud.

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