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…
Secure 2.0 Act of 2022 Introduces Key Changes for Workplace Retirement Plans The Consolidated Appropriations Act, 2023 (Public Law No. 117-328) that was signed into law on December 29, 2022 by President Joe Biden includes the SECURE 2.0 Act of 2022, which introduces over 90 changes to the federal rules governing workplace retirement plans. This…
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 Matt Cromwell In September 2020, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2020-07 Not-For-Profit Entities (Topic 958): Presentation and Disclosures by Not-For-Profit Entities for Contributed Nonfinancial Assets. The intent of ASU 2020-07 is to provide enhanced transparency related to the presentation and disclosure of contributed nonfinancial assets. These enhancements will allow…
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.…
By David Clark and Jackie Bernal On Jan. 14, 2021, just one week before the end of his term in office, former President Trump signed National Security Presidential Memorandum 33 (NSPM-33) to “direct actions to strengthen protections of the United States Government-supported Research & Development (R&D) against foreign government interference and exploitation.” NSPM-33 was formally…
