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at Illumeo

Illumeo Customer Success
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The Sarbanes-Oxley Act 2002 Summary

The Sarbanes-Oxley Act 2002 SummaryThe Sarbanes-Oxley Act of 2002 is a law passed by U.S. Congress on July 30, 2020 protect investors from corporate fraud.

Illumeo Customer Success
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New Requirements for Reporting Contributed Non-financial Assets

New Requirements for Reporting Contributed Non-financial AssetsThe Financial Accounting Standards Board (FASB) recently released a new accounting standard requiring additional disclosure information when reporting contributed nonfinancial assets on financia

ArLyne Diamond
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Back to Work Business as usual– Sorta!

Back to Work  Business as usual– Sorta!It’s so mixed up.  More and more employees are working from home.  Programs like Zoom are helping us connect and pressing zillions of buttons on our telephone actually gets us transferred to the “right” person who is

Illumeo Customer Success
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Levels of Payroll Certification

Fundamental Payroll CertificationThe American Payroll Association is the national certification body for payroll specialists, representing more than 21,000 members.

Illumeo Customer Success
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Accounting for Nonprofit Organization

Accounting for Nonprofit OrganizationA nonprofit organization is an organization dedicated to serving charitable, educational, religious or scientific purposes. The aim of such an organization is to fill society's needs and make our communities more livable places.

Illumeo Customer Success
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Types of Internal Audit

Types of Internal AuditInternal audit is a department within an organization that evaluates a company’s internal controls, its corporate governance, and accounting processes and provides impartial and independent review to the management.

Illumeo Customer Success
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Understanding Current Expected Credit Losses (CECL)

Understanding Current Expected Credit Losses (CECL)In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13 - Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instrume

Illumeo Customer Success
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Business Intelligence

Business IntelligenceBusiness intelligence (BI) is the collection of strategies and tools used to analyze business information.

Illumeo Customer Success
(Blogs at Illumeo)

Business Fraud and Strategies for Preventing It

Business Fraud and Strategies for Preventing ItBusiness fraud, also known as corporate fraud, refers to the unlawful activities undertaken by an individual or company, performed in a dishonest and unethical manner.

Illumeo Customer Success
(Blogs at Illumeo)

Digital Asset Classifications

Digital Asset ClassificationsThe rise in the global use of digital assets presents new challenges for how to properly account for these types of assets in financial statements following GAAP.  Understanding what digital assets are and how to categorize the different types of assets is