When you begin the process of refinancing your property, many banks will clamor for your mortgage – and claim to give you the best deal. Keep in mind that there are many options out there, and each bank will meet your business’s needs differently.
A new accounting standards update (ASU) requires all entities that produce financial statements to make a few changes to their classification and disclosures of restricted cash. These changes have multiple effects on not-for-profits and affordable housing properties, including HUD projects.
For affordable housing properties and not-for-profit organizations, changing the year end date can be part of a strategic plan to better serve those the organization supports. However, this transition can be confusing, and it helps to have the most up-to-date financial statements to help guide decisions.
To get the most from your lawn care service, you need to map out your expectations of the type, quality, and extent of service before signing a contract with the company. Getting quotes from competitors every few years is another helpful way to ensure your price isn’t too high.
Recent changes and adoptions of Rural Development’s financial reporting requirements for fiscal year 2018 have led to confusion about how to submit financial statements to RD’s offices. After talking with officials in Washington, DC, Lemler Group is here to clarify what you need.