Audit & Assurance

Three Common Mistakes Found During School District Audits

Molly Fish

It has been a few months since the audit deadline and hopefully everyone has had a chance to breathe a sigh of relief after surviving the implementation of GASB 68. However, it is always important to identify ways that the district can continue to streamline the accuracy and efficiency of its financial records. In hopes of helping Mich... Read More

Has Your Organization Done Everything It Needs to for Compliance with the Uniform Grant Guidance?

Yeo & Yeo CPAs & Business Consultants

If your organization receives federal funds, whether from a pass-through entity, such as the State of Michigan, or directly from the federal government, you need to be aware that the Uniform Grant Guidance 2 CFR 200 is now applicable. Watch our video to learn about those things you need to verify are in place now, before your auditor c... Watch Webinar

FASB Revenue Recognition Training Webinar

Yeo & Yeo CPAs & Business Consultants

In 2015, FASB finalized the long-awaited revenue recognition project. This impacts GAAP financial statements for all for-profits and any not-for-profit entities that have exchange transaction revenues (non-contribution revenues.) Non-public companies must adopt the revenue recognition standard for years beginning after December 15, 2018. ... Watch the Webinar

Yeo & Yeo Receives Process Improvement Award for Lean Audit

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo CPAs & Business Consultants received the Leading Edge Alliance’s (LEA) prestigious award for Process Improvement, for its Lean Audit Process implementation. The award was announced at the LEA’s 2015 Global Conference held in Miami, Florida. Each year the LEA recognizes accounting firms for their cutting-edge innovatio...