Our leadership team is actively involved in all client matters and maintain a strong field presence on engagements.
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Caitlin, a senior accountant in our audit department, serves commercial businesses and exempt organizations by performing review, audit, and bookkeeping services. Prior to joining the Firm, Caitlin worked at a local nonprofit organization. She then joined Lumsden McCormick as a general ledger analyst before moving into the audit department.
Canisius College, Master of Science in Forensic Accounting
University at Albany, State University of New York, Bachelor of Science in Accounting
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
It’s critical for every business to track sales activity. But if you wait too long to get the results, you’ll have little recourse to act. Flash reports can give you a daily burst of insightful data.
An external audit doesn’t have to be a time-consuming or disruptive event. The key is to prepare, so that the fieldwork will run smoothly. Here are some considerations for your next visit from your auditors.
The executive branch is looking to increase revenue for the IRS. Translation: expect to see an increase in the number of IRS audits being performed, including industries not traditionally targeted.
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The accounting for leases is changing significantly. The required implementation of FASB ASC 842 will mandate that most leases are included on the balance sheet as a right-of-use asset, with a corresponding lease liability. The new standard will impact nearly all commercial businesses and nonprofit organizations and is effective for annual reporting periods beginning after December 15, 2021.
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