Zinner & Co. Blog and Newsroom

11 Inventory Control Fast Fixes to Improve Your Bottom Line

Posted by Chris Valponi, CPA on Aug 15, 2017 3:03:43 PM

For many companies, keeping close tabs on revenue, expenses, and profit is the number one priority. However, companies that carry inventory may not realize its direct effect on profitability.  This effect is known as shrinkage.  Shrinkage is the excess amount of inventory (in accounting records) that no longer exists in the actual inventory. In other words, it is a loss of inventory. There are several causes of shrinkage, such as:

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Topics: Chris Valponi, Audit and Assurance Department, fraud, internal control

Not the “Gift” Development Officers Seek: The change that will affect all non-profit reporting

Posted by Zinner & Co. on Aug 6, 2015 9:46:00 AM

By Carl Blankschaen, CPA
Audit and Assurance Senior

If you are one of the countless professionals serving a non-profit institution, you have no doubt heard the buzz surrounding financial reporting and how all non-profit organizations will now have to make an adjustment in the way in which they report.

The Financial Accounting Standards Board (FASB) recently issued their exposure draft on Presentation of Financial Statements for Not-for-Profit Entities.  This exposure draft will make drastic changes to the financial statements of all Non-Profit organizations, and will consequently require changes in the recording of accounting information throughout the year in order to prepare the financial statements at the end of the year. What does all this industry talk mean for your non-profit?

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Topics: FASB, Audit and Assurance Department, non-profit reporting

Board Members - Risk Assessment and Internal Controls

Posted by Zinner & Co. on Jun 14, 2011 11:30:00 AM
Risk Assessment and Internal Controls
(second installment in the series)
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Topics: non-profits, Audit and Assurance Department

Board Member Involvement and Oversight

Posted by Zinner & Co. on Mar 16, 2011 11:55:00 AM

Posted by: Chris Valponi, CPA

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Topics: non-profits, Audit and Assurance Department

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