This year alone, payment delays in the construction industry have added an estimated $280 billion to costs, forcing many companies to rely on personal savings, credit cards, or retirement funds to keep operations running. Implementing an effective accounts receivable (AR) strategy can help construction businesses improve collections, stabilize cash flow, and reduce the financial strain caused by delayed payments.
The Virginia Enterprise Zone (VEZ) Program provides businesses with exceptional opportunities to invest in property development and rehabilitation while benefiting from state government incentives. Learn more about this program and if you are eligible.
For nonprofit organizations, reputation is as crucial as funding. Without a solid reputation, gaining donor trust, community support, and volunteer enthusiasm becomes a challenge. Reputational risk can undermine years of dedicated work toward your mission. Explore how nonprofits can manage and prevent reputational risks related to negative publicity, crisis management, and fulfilling mission goals.
Native Hawaiian Organizations (NHOs) have a unique place in the 8(a) Business Development Program, with a mission to foster economic development while promoting and preserving the rich cultural heritage of Native Hawaiians. For those involved with NHOs, understanding and mitigating these risks is crucial to protecting both the financial health and cultural mission of these organizations.
In today’s digital age, nonprofit organizations face increasing risks associated with technology and data management. From cybersecurity threats to outdated IT infrastructure, these risks can jeopardize not only the privacy of sensitive client information but also the trust of donors, volunteers, and the broader community. Learn how to mitigate those risks.
Learn effective strategies needed to mitigate your financial and IT risks to address the sophisticated ransomware and social engineering attacks facing businesses today.
Though ESG disclosures are not yet a mandatory part of most financial audits, businesses are increasingly seeking assurance services from CPAs to verify the accuracy and reliability of these reports. Learn how in this new era, CPAs have a vital role to play.
External environmental risks are inevitable, but with proactive planning and adaptability, nonprofits can continue to thrive despite economic downturns, political changes, or natural disasters. Learn how to mitigate these risks and remain resilient in the face of uncertainty.
Explore key issues surrounding intellectual property in government contracts, including how to navigate the various clauses in Federal Acquisition Regulations (FAR) and Defense Federal Acquisition.
Learn about the unique set of operational risks that nonprofit organizations face and how they can significantly impact their ability to serve their communities and achieve their mission.
As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.
