Enhancing NFP Financial Reporting: A Critique of Audited Financial Statements and Disclosures

Host Glenn L. Friedman, CPA, CGMA, CEO of Prager Metis gives listeners a glimpse Inside the C-Suite! Each episode, Glenn and his guests discuss timely topics related to the human elements of running a business and

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Don't miss the FPANJ's Panel Discussion "Succession Planning - Next Steps" on June 15th, featuring Glenn L. Friedman and Steven Bernknof.

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What is the value of my business? What’s the right sale price? What data do I need to present to justify that price? From a buyer’s perspective, what’s the right acquisition price? Is the company as financially sound as it appears?

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When the telephone was the primary mode of business communication, people would expect a call back in a day or two, depending on the nature of the call. When email became the dominant form of communication, that window to respond shortened to 24 hours at most.

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Not-for-Profit Focus: We believe both preparers and auditors would benefit from more discussion regarding areas where generally accepted accounting principles offer acceptable choices that may not be well understood by current financial management.

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On April 9, 2022, New York passed tax legislation (A9009-C S8009-C) that made significant changes to the NYS Pass-Through Entity Tax (“NY PTET”) and established a NYC Pass-Through Entity Tax (“NYC PTET”).

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