How Financial Statements Unlock Business Value

Nov 07, 2025 Kirsch CPA Group

As calendar-year entities start work on their year-end financials, it’s important to remember that financial reporting is about more than compliance. Fina...

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How To Factor Tax Law Changes into Your Year-End Financial Statements

Sep 26, 2025 Kirsch CPA Group

In July 2025, significant changes to the federal income tax rules were signed into law. While these developments primarily grab attention from a tax compliance ...

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Audits Are Essential to Your Organization’s Health

Jul 14, 2025 Kirsch CPA Group

Audits have become more important due to increased public and government scrutiny of not-for-profit organizations, their management and their boards. Audits not...

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How Financial Statements Are Used to Value a Business

Sep 12, 2024 Kirsch CPA Group

Financial statements are an important piece of the business valuation puzzle. Appraisal professionals typically consider three approaches when valuing a busines...

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Worried About an Audit? 7 Form 990 Points to Consider

Sep 10, 2024 Kirsch CPA Group

The IRS can initiate an audit of your nonprofit organization for any number of reasons. But one of the most common is a red flag sent up by your annual filing o...

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Levels of Assurance: What’s Right for Your Business?

Jul 29, 2024 Kirsch CPA Group

Does your company use an external accountant to prepare its financial statements? There are several services CPAs offer that provide different levels of assuran...

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Why Footnote Disclosures Are Important

Feb 26, 2024 Kirsch CPA Group

Footnote disclosures provide insight into account balances, accounting practices and potential risk factors. This information helps lenders, investors and other...

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Understanding the CPA’s Role in Detecting Fraud

Sep 25, 2023 Kirsch CPA Group

A role of CPA’s is to act as “gatekeepers,” emphasizing their responsibilities for identifying fraud risks and detecting material misstatement...

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Using Analytics to Improve Efficiency for Audits

Aug 25, 2023 Kirsch CPA Group

Analytical procedures are required for all financial statement audit engagements, according to the auditing standards published by the American Institute of Cer...

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How Construction Business Owners Can Prepare for an IRS Audit

May 10, 2023 Kirsch CPA Group

The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income and worker...

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