Controlling Audit Costs - Topic for October 26, 2010

Audits already are anxiety-ridden enough. And breaking the bank to pay for them adds insult to injury. If you would like to learn ways to limit the cost of your nfp's annual audit, then make plans to attend our next meeting, October 26, 2010, when representatives from Anders, Minkler and Diehl will present best practices for controlling audit costs.

Managing Risk & Risk Management - Run for Cover(age)

On Tuesday, September 28, 2010, Michael Everding, of AHM Financial Group LLC, outlined many scenarios which exposed insurance coverage gaps. From fundraising events to simple car trips to the bank, nfp's are exposed to a variety of liabilities that need insurance coverage. Everding recommends updating insurance brokers with any changes to business operations. Also, Everding recommends adding riders to general liability policies rather than purchasing separate stand-alone policies to keep costs in check.