In The News

NFP E-News Update  May 23, 2013
The Colleges and Universities Compliance Project, begun in 2008 by the IRS, distributed 400 questionnaires to a randomly-selected sample of schools to ensure compliance with current regulations. Based on responses to the questionnaires and details of the respective Form 990s, the IRS selected 34 of these colleges and universities for further review and found that unreported unrelated business income (UBI) in higher education was found in almost every case examined by the IRS. Read More

NFP E-News Update  May 16, 2013
A retirement plan can have a lot of benefits for non-profit organizations and their employees. Experts estimate that workers will need 70 to 90 percent of their pre-retirement income to maintain their current standard of living when they retire. By sponsoring a retirement plan, an organization will help their employees save for their future. Read More

NFP E-News Update  May 9, 2013
The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) No. 2012-05, Statement of Cash Flows (Topic 230): Not-for-Profit Entities: Classification of the Sale Proceeds of Donated Financial Assets in the Statement of Cash Flows. Read More


 


Services [ Assurance Services ]

 

Blue provides assurance services to clients in a number of industries, with a specialty in closely-held businesses and not-for-profit organizations. Our services include the use of the most advanced auditing and accounting tools available, including risk-assessment evaluations, auditing software and integration with tax returns.

 

We do more than simply audit financial statements. We seek meaningful, practical and profitable solutions to systems and operational problems noted during the audit.

 

- Audits, reviews and compilations - Performance measurement comparisons
- Forecasts, projections and budgets - Capital financing assistance
- Strategic financial planning - Feasibility studies
- Agreed-upon procedures - Mergers and acquisitions
- Due diligence - Corporate restructuring
- Internal audits - Business valuations
- Evaluation of internal controls - Benefits plan audits
- Special purpose reports - Accounting software solutions
- Attestation reports - Liquidation, bankruptcy and insolvency advice
- Management letters