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Tag Archives: Keeping Your Balance

Keeping Your Balance: Fraud risk factors include ‘The Fraud Triangle’ and behavioral red flags

As the world evolves there are more controls to help monitor assets and activities within organizations than ever before; there are also new threats and opportunities to commit fraud that weren’t even a thought 20 years ago. What is truly ...

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Keeping Your Balance: Is too much goodwill a bad thing?

To almost anyone but attorneys, investment advisors, and accountants, goodwill may mean friendliness. Cooperation. Altruism. However, to those attorneys, investment advisors, and accountants, goodwill on a corporate balance sheet is an indication of corporate optimism. Synergies. Future profits. Goodwill is ...

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Keeping Your Balance: Is it OK for nonprofits to generate a profit?

Nonprofit organizations are structured to accomplish a mission. While nonprofit organizations may have a social purpose, they are, by definition, businesses that need to focus on profitability to further their mission. Like their for-profit brethren, they must have sound governance ...

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