Written By: Tyler Cuda 2023: The Year AI Takes Over – Get Ready for a Future Transformed by Artificial Intelligence Artificial Intelligence has hit what we like to call peak media and we expect headlines to be flooded with AI “firsts” throughout 2023. From the first AI-powered ‘robot’ lawyer scheduled to represent a defendant in…
By Jim Robbs I’m Jim Robbs and I am one of the partners here at Sassetti LLC. I spent about 18 years at a larger mid-sized public accounting firm where I was involved in a variety of acquisitions and divestitures of companies. I then became the CFO of a larger, publicly held circuit board manufacturer…
By Matt Cromwell, Sam Thompson, David Clark, Jackie Bernal, Matthew Becker and Cathryn McAleavey According to a study by N-able, managed service providers (MSPs) report that 82% of their customers have seen an increase in attempted cyberattacks since the pandemic. Even MSPs themselves are a target for cyber criminals, which can have wide-reaching impacts on their…
By Mike Conover “Is there something I can read that describes our compensation program?” Numerous organizations invite new individuals to get involved in the administration of their executive compensation program or hire new executives with a desire to know more about the program. This question is asked many times and often the answer is no. Every…
By Matthew Becker and Cathryn McAleavey Embracing technology, outsourcing key operations to specialists and improving organizational culture can all be a part of a nonprofit’s plan for sustainability. While it’s important to make plans, recent years have demonstrated how easily even the best-laid plans can go awry. The following four key steps can provide direction.…
Creating a Legacy By Jeff Schroeder, Partner In recent years, I’ve been focused on two main areas of practice: privately owned businesses and not-for-profit organizations. It’s at the intersection of these two topics that we come to the topic of today: creating a legacy. What do we mean when we talk about legacy? Often the…
When a Not-for-Profit Organization Should Hire an Accountant. By Jessica Freiburg, Managing Partner Today, we’re going to talk about when a not-for-profit organization should hire an accountant. First of all, I want to say that it’s great that you’ve created a not-for-profit organization. Whether you’re helping animals, feeding the hungry, or working with a medical…
By: David Clark, CIA, CFE, CRMA and LaShaun King, CPA Like many organizations, colleges’ and universities’ worlds were flipped upside down when COVID-19 emerged in the spring of 2020. To maintain their mission of reshaping the future through educating future generations, colleges and universities had to reimagine their own operations and adapt to a digital…
By Andrea Espinola Wilson, Adam B. Cole At the height of COVID-19, nonprofit organizations were on the front lines, helping communities that needed it most and continuing the mission-critical work we all depend on. On last year’s Giving Tuesday, donors supported those efforts in droves, setting a record-breaking $2.47 billion mark in U.S. donations — a nearly 30%…
Pick a hat, any hat. It might sound like a game of chance to some, but for small business owners (including me) it’s a daily decision that has to be made, usually many times a day. Small business owners are often simultaneously the CFO, CEO, HR Manager, Payroll Manager, Bookkeeper, and Janitor. Not to mention…