Unrelated Business Income - Three Important Tests for Charitable Organizations

As charitable organizations look to diversify their revenue streams, they need to be aware of unrelated business income tax or UBIT. Although tax-exempt ... read more >

Postcard from Schneider Downs' 2013 Internal Audit Team Meeting and Training

On March 18 and 19, 2013, Schneider Downs’ Internal Audit and Risk Advisory Services (IARAS) professionals held their annual team meeting and training. ... read more >

SSAE 16/SOC 1 and Trust Services Principles - SOC 2/SOC 3 - Both are Valuable Reports to User Entities


By Donald Owens

With the retirement of SAS 70 and the installment of the Service Organization Control (SOC) examinations, the AICPA has established three service organization ... read more >

Everyone Agrees: Financial Statement Disclosures Causing Problems


By Matthew Lynch

As anyone familiar with financial statements can attest, the disclosure requirements for financial statements get more and more complex every year. The ... read more >

Is the Proposed Revision to COSO Burdensome?

The American Bankers Association (ABA) recently urged The Committee of Sponsoring Organizations of the Treadway Commission (COSO) to be mindful of the ... read more >

Not-for-Profit Advisory Council Update

The Not-for-Profit Advisory Council (NAC), a committee of 15 members, provides input, insight and feedback to the Financial Accounting Standards Board ... read more >

Points to Consider for Continuous Auditing

Designing and implementing a continuous audit program may be on your organization’s to-do list. Here are some points to consider to ensure that such ... read more >

Yahoo Bans Telecommuting. What's Your Company's Policy?

No matter your stance on the subject, it is likely that Marissa Mayer’s recent announcement revoking Yahoo’s telecommuting will impact how ... read more >