An audit should be more than just a required document to satisfy bankers, audit committees and business partners. An effective audit is a valuable management tool. We work with you to be sure that you understand the audit process and the final documents. We use our training and experience to add valuable insight and advice about business practices and internal controls so that your organization runs more efficiently and profitably.
A successful audit engagement requires our understanding of the operational structure of the organization and the business environment. In addition, your understanding of our audit approach and work plan is important.
An audit is the highest level of financial statement service an accounting firm can provide to its client. We work with you to determine the proper level of service needed for your organization, audit, review or compilation.
Cyberattacks have grown exponentially in North Carolina and our nation in recent years. To help local companies and other organizations combat these threats, UNCW’s Center for Cyber Defense Education is convening a panel on August 20...
read moreCyberattacks have grown exponentially in North Carolina and our nation over recent years and are currently in an exponential growth curve. Earney & Company’s Director of Technology Risk Advisory Services Rob Duggan will be participating in a panel discussion to help Coastal Carolina organizations combat these threats.
UNCW’s Center for Cyber Defense Education is...
As 2019 came to an end, Congress passed two bills, which were then signed into law by the President. The “Consolidated Appropriations Act, 2020” and H.R. 1865, the “Further Consolidated Appropriations Act, 2020” are government funding bills that include numerous tax changes that directly affect taxpayers in past, current, and future tax years. The changes that are most likely to impact our clients are highlighted below.
The IRS and the FASB (Financial Accounting Standards Board) require non-profit corporations to present an analysis of their expenses – by function. That is, how is your organization using its resources? How much of your expenses are spent on “Management” versus “Program?” How much of your resources are used for “Fundraising” rather than “Program?” This type of analysis is required and useful for donors and lenders, but it is also a valuable tool for management.
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