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Gross Mendelsohn Blog

A resource to help business owners, nonprofit executives and high net worth families preserve wealth, grow and thrive.

Ernie Paszkiewicz

Blog Feature

Manufacturing & Distribution

What is Industry 4.0?

It’s no secret that technology has been evolving at light speed in the past few decades. If you need proof, just look at the development of computer and phone technology in the last ten years. The next big wave of manufacturing technology – as part of the fourth industrial revolution – is known as “Industry 4.0.”

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Blog Feature

Nonprofit

3 Financial Ratios and Benchmarks Nonprofits Must Know

Financial ratios and benchmarks can be used to assess the financial health of your nonprofit. These ratios and benchmarks can help management make decisions regarding organizational strategy and budgeting and, ultimately, help your nonprofit manage its resources. This financial data can also help donors or grantors determine whether to support your nonprofit.

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Blog Feature

Nonprofit

Quick Guide: Special Accounting Considerations for Religious Organizations

Religious organizations may technically be classified as nonprofit organizations, yet they are subject to a unique set of accounting rules. Anyone providing accounting services within a religious organization must be aware of special policies that can affect the organization’s compliance and tax status.

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Blog Feature

Nonprofit

5 Questions to Ask Before Hiring a New CFO for Your Nonprofit

Hiring a chief financial officer (CFO) for your nonprofit and hiring the right CFO are two very different things. While some accountants get their start at for-profit businesses, nonprofits have specific accounting and tax needs that differ from how accounting is done at private businesses. This means nonprofit CFOs need special training and expertise outside of the standard for-profit accounting and tax environment.

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Blog Feature

Nonprofit

Nonprofit Board Management: Tips from Board Veterans [Video]

Managing the board or serving on the board of a nonprofit can be tough. To help, we asked three members of our nonprofit group — Ernie Paszkiewicz, CPA, Lisa Johnson, CPA, and Richard Wolf, CPA — about their experience working on various nonprofit boards.

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Blog Feature

Nonprofit

Nonprofit Accounting Tips from Nonprofit Auditors [Video]

We sat down on camera with three members of our nonprofit group — Ernie Paszkiewicz, CPA, Lisa Johnson, CPA, and Richard Wolf, CPA — to solicit a few tips from their experience working with nonprofit organizations.

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