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Posts by Samantha Mortimer

New SBA 8(a) Thresholds: Why Reviews May Now Make More Sense than Audits for Growing Government Contractors

If you lead a small or midsize government contracting firm, you’ve likely heard a familiar refrain over the years: “We need an audit.” For many 8(a) businesses, that was true — because the Small Business Administration’s (SBA) previous reporting...
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Do You Need an Audit, Review or Compilation?

When it comes to financial reporting, nonprofits and for-profit businesses often face a range of requirements and expectations depending on their size, activities and the specific regulations they are subject to. When running a nonprofit or business,...
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Liquidity Disclosures: What Nonprofits Need to Know

Nonprofits are required to include a liquidity disclosure in their financial statements. This liquidity disclosure overviews qualitative and quantitative information about how the nonprofit manages its liquid resources. This information can make it...
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