Goal setting for the new year!

Are wondering where 2018 has gone?  How is it September?  Are you starting to think about what your goals are for new year?  What will 2019 bring?  As the new year comes into focus, we are all inspired to make changes in our lives, but it can be tough to figure out the …

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Client Spotlight

We sat down with a great client, Andy Peterson of E-gineering, a process nut himself, about how mAccounting processes & tools have positively impacted his business.

 What made you decide to partner with mAccounting?   

When our firm made the decision to obtain outsourced accounting assistance, we interviewed six different CPA firms. Not only was mAccounting recommended by several companies …

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Incorporating Seasonality into Financial Planning

In preparing an annual budget it is often difficult to estimate annual trends such as revenue growth, staffing requirements, additional spending or capital needs.   While preparing the annual budget it is important to use prior year results, knowledge of the market, customer behavior, and an analysis of current operations.  However once all the …

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Cheers to 15 years!

As we celebrate mAccounting’s 15-year anniversary, we’d like to thank so many people for supporting our journey. From our humble beginnings when the vision of providing outsourced CFO services to Indiana entrepreneurs was first conceived, today’s mAccounting has grown to a team of 35 talented individuals providing our client companies with all levels of bookkeeping, accounting …

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Key Performance Indicators for Nonprofits

Key Performance Indicators (KPIs) can provide a nonprofit with insight into the organization’s finances.  Users can more easily begin to interpret the statements through KPIs to get a better understanding of how the organization is performing financially.

If an organization and its board want to understand if they are meeting their mission, they need …

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Startups, Scale-ups and Technology Thrive in Indiana

Indiana and technology make fine bedfellows. The state’s momentum, particularly in Central Indiana, continues to spike each year. Startups in the Indianapolis area are everywhere. According to the 2017 Kauffman Index of Growth Entrepreneurship, this area moved to 10th from 20th place in city rank for the highest startup growth – up 72.9%. …

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Thomas B. Gabbert Appointed to Intuit’s Accountant Council

Thomas B. Gabbert has been named to Intuit Inc.’s (Nasdaq: INTU) Accountant Council. Intuit’s mission is to power prosperity around the world, and it accomplishes this through its innovative ecosystem of financial management solutions that serve more than 46 million accounting professionals, small businesses and consumers worldwide. This year, for the first time, …

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Nonprofit Post Audit Guide

After the audit, the audit committee, executive director, and senior financial staff are responsible for reviewing the draft audit report, asking questions about the auditors’ findings, and evaluating any recommendations before they are presented to the board in the final report.

Client representation “letter to management” aka “management letter” serves to identify areas of …

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Federal Tax Reform Impact on Nonprofits

When the federal tax reform takes full effect, a majority of the people who have itemized their federal tax returns won’t anymore because of the increase in standard deductions.

This has charities worried that donations could decline because those taxpayers won’t be able to get a tax write-off any more for that philanthropy.

Charitable giving …

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