Category Archives: Featured items

Practice aids, products and other goodies

Proposed ARSC standards changes are a serious disconnect.

Posted on by
Reply

Two proposed new standards, a nonattest standard related to association with financial statements, and a new compilation engagement standard that attempts to narrowly define compilations to a non-existent form have placed the profession at the crossroads. One path has us departing from reality and entering a narrow corridor that will choke our most basic service to a level of abstract foolishness, a path driven by the idea that independence is somehow impaired if we help our clients. A good day for those who sit on high horses. You can read my response to the Committee(s) by clicking on the link below.

AICPA response – new standards

Best Sources for Nonprofit Governance

Posted on by
Reply

I like the following three sources for nonprofit governance:

Board Source www.boardsource.org

The Independent Sector www.independentsector.org
 

Blue Avocado is an online magazine for community nonprofits. Published every third Tuesday through an HTML newsletter and delivered to more than 50,000 readers, Blue Avocado subscriptions are free. I think this e-magazine started as a quasi-marketing tool of CompassPoint (a consultancy specializing in NPOs), but grew beyond the firm.  I recommend the Board Cafe – the link below is a good article about a board’s role in governance.

Is Campbell’s Cream of Onion Soup Back?

Posted on by
Reply

A few years back, we discovered that could no longer find this soup. My wife contacted the Campbell Soup Company who informed her that “due to changing consumer tastes” this particular variety was discontinued. We had a problem since this was the base ingredient for one of our favorite dishes, enchilada pie. Then, yesterday she came back from the store with a bag full of cans of cream of onion soup. My wife said she bought all they had because she didn’t know if it was some sort of fluke. I hope it’s back to stay. My rough attempt at the recipe for enchilada pie (apologies to my friend Stan Strom) is under the recipes page menu on my site.

Where you can count on us!

Posted on by
Reply

So, I found my children playing. My son, with his sister’s urging, had started his own tax practice.

Now, even at this young age, they knew they needed a tag line and a way to differentiate their business.  Interesting that we as adults just can’t seem to grasp this simple technique. We tell ourselves it isn’t necessary. Well, even with the second-grade spelling, we get the point.

The Role of the Board in Internal Control

Posted on by
Reply

Boards Role in Internal Control  This is a copy of a presentation I gave to a local agency on Thursday evening. I didn’t cover a couple of the dense slides – just put in the handouts for later reference. The board had asked for some guidance on how much they should be involved. I hope you find it useful.