Businesses must stay on guard against invoice fraud
Business owners: If you’re not worried about invoice fraud, you should be. At least one recent survey indicates it’s disturbingly common.
News & InsightsBusinesses must stay on guard against invoice fraudBusiness owners: If you’re not worried about invoice fraud, you should be. At least one recent survey indicates it’s disturbingly common. Could CRM software help your construction business?Construction business owners: Have you ever considered using customer relationship management software? Here are some reasons you may want to. When your nonprofit’s debt-financed income is subject to taxMuch nonprofit investment income isn’t taxable, but there are exceptions. These include income from certain debt-financed property (generally, real estate). Here’s what you need to know. Strong internal controls and audits can help safeguard against data breachesHas your company experienced a data breach recently? As cyberattacks become more common and costlier, they’re getting more attention from external auditors. Which leadership skills are essential to strategic planning?Business owners: Do you and your leadership team have what it takes to succeed at strategic planning? Here are five key skills to develop. What contractors should know about the IRA’s PWA requirementsConstruction businesses that work on clean energy projects may have some great opportunities ahead. Here’s a look at the substantial tax incentives involved. Welcome charitable pledges — and account for them properlyYour nonprofit may prefer donations (or immediate support) to pledges, which are usually promises to donate in the future. But if you do receive pledges, make sure to account for them properly. 6 key elements of a business budgetBusiness owners: If you’ve been using the same budgeting process and format for years, maybe it’s time for an upgrade. Here are some ideas. Parametric insurance may suit some construction companiesConstruction business owners: Do you have all the insurance your company really needs? One type of supplemental coverage to consider is a parametric policy. Business owners sometimes need to switch successorsBusiness owners: Are you having second thoughts about your chosen successor? It happens. Here are some ways to address the issue and decide whether to change course. Restricted gifts: What to do when strings are attachedMost nonprofits won’t say “no” to restricted gifts, but these donations are harder to handle than unrestricted ones. To minimize risk, develop restricted gift policies and follow them. Take charge of working capital managementHere are three practical tips to manage your company’s working capital more efficiently. |
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