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DMJPS PLLC Announces New Partners

by DMJPS PLLC | Oct 3, 2023 | Announcements, Audit and Accounting, Inside DMJPS

North Carolina CPA + Advisory Firm Adds Two New Assurance Partners DMJPS PLLC, a U.S. Top 200 North Carolina CPA and accounting firm, is pleased to announce that Laura Hartley, CPA and Isaac Rowles, CPA have been named partners with DMJPS PLLC effective November 1,...

Decrease Audit Stress with These 5 Tips

by Isaac Rowles | Jun 1, 2023 | Audit and Accounting, NonProfit, Tax Watch

Audits can be very stressful. Organizations must get audits right to ensure compliance with a variety of local laws and regulations. They must show that financial information is represented fairly and accurately, and in accordance with all relevant accounting...

Preparing Your Nonprofit for an Audit Under ASC 842

by Isaac Rowles | May 19, 2023 | Audit and Accounting, NonProfit, Tax Watch

A set of accounting standards for leases is now mandatory for most business entities in the U.S., including not-for-profit organizations (NFPs). These standards, known as ASC 842, began to take effect in late 2018 for publicly-traded companies. They became effective...

Single Audit Requirements for Nonprofit Organizations that Receive Federal Funds

by Dorinda Bennett | Jan 9, 2023 | Audit and Accounting, NonProfit, Tax Watch

Government funding brings some rather complicated reporting and auditing requirements. This can apply to both for-profit businesses and not-for-profit organizations (NFPs) that receive federal funding. NFPs should be aware of their auditing obligations under...

Retirement Plans – Meeting Your Fiduciary Responsibilities

by Bill Jones | Nov 15, 2022 | Audit and Accounting, Employee Benefit Plans, Tax Watch

Offering a retirement plan can be one of the most challenging, yet rewarding, decisions an employer can make. Employees, their beneficiaries, and the employer can benefit when a retirement plan is in place and they participate. However, administering a plan and...
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