Matt Gardiner, CPA, CFE, Audit Manager When it comes to building and acquiring new assets for your business, there are several avenues to consider in order to finance the costs: you can either borrow funds to purchase the asset from your lender, or you can finance the asset through a leasing arrangement. Each method of...
keep readingDennis Gardiner, CPA, Managing Partner Our audit staff have been busy addressing many of the new standards that are now effective, or will be soon. The big reporting standard has been FASB ASC 842 Lease Accounting. You should all be aware by now of the requirement that leases longer than 12 months be recorded as...
keep readingMatt Gardiner, CPA, CFE, Audit Manager For organizations lacking dedicated IT departments or comprehensive controls and risk assessments, cybersecurity threats are a growing concern. As organizations increasingly rely on digital technologies for data-driven decision making, member-relations, and supply chain operations, the potential for a cyber attack grows significantly. Without adequate cybersecurity measures in place, your...
keep readingElizabeth Thyer, CPA, Partner One of the hot topics from the audits last year was the Gift Law. Chapter 68B of the Code of Iowa prohibits public officials and employees from accepting or soliciting gifts from anyone defined as a restricted donor. Even if the public official or employee has a long-standing relationship or friendship...
keep readingBy Mark Gardiner, CPA, CFE, Partner The week of June 12, I attended the 34th Annual ACFE Global Fraud Conference in Seattle, Washington. There were over 5,000 who attended the conference in person and “virtually”. It included individuals who worked in law enforcement, corporate governance, cyber security, Department of Justice and risk management. There were...
keep readingBy: Mark Gardiner, CPA, CFE, Partner Each year Gardiner + Company, CPA’s offers the “Daniel Gardiner Memorial Scholarship” in honor of my dad, founder of Gardiner + Company. The scholarship is awarded to the current year’s graduates from Waukee High School who plan to attend a post secondary school and pursue a degree in accounting. ...
keep reading