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About Dan Montgomery

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So far Dan Montgomery has created 8 blog entries.

Preventing and Detecting Fraud Through Effective and Practical Internal Controls

By |2018-09-07T09:16:14+00:00September 6th, 2018|Board, Fraud, Nonprofit, Tips|

Dan Montgomery, CPA, provides some insight in preventing and detecting fraud through effective and practical internal controls for our Nonprofit Video Series.

Performance Measurement: Average Board Member Gift

By |2018-06-19T08:10:25+00:00June 26th, 2018|Board, Donation, Gifts, Nonprofit, Performance Measurement, Tips|

Dan Montgomery, CPA, provides this week's session of the Performance Measurement video series on the topic of the Average Board Member Gift.

Understanding the Statement of Cash Flows

By |2018-07-13T11:00:15+00:00May 8th, 2018|Budget, Cash Flow, Nonprofit|

Dan Montgomery, CPA and Senior Assurance Associate at TDT, explains why having an effective internal control system is important. With more than ten years of experience, Dan specializes in audits of nonprofits, governmental entities, and employee benefit plans. Required Financial Statements Under Generally Accepted Accounting Principles (GAAP), there are three basic financial statements that nonprofits [...]

How to Account for Non-Cash Contributions as a Nonprofit Organization

By |2018-04-17T10:29:07+00:00March 6th, 2018|Accounting, Donation, Gifts, Nonprofit|

Dan Montgomery, CPA and Senior Assurance Associate at TD&T, explains accounting treatment for non-cash contributions. With more than ten years of experience, Dan specializes in audits of nonprofits, governmental entities, and employee benefit plans. Dan is a member of the American Institute of Certified Public Accountants and the Iowa Society of CPAs, and serves nonprofit [...]

Internal Controls for Small Organizations

By |2018-02-09T11:02:32+00:00February 9th, 2018|Board, Nonprofit, Preparation|

Why Internal Controls are Important A survey conducted by the Association of Certified Fraud Examiners estimates that all organizations lose an average of between five and six percent of their revenue to fraud every year.[i]  Applying this percentage to the nonprofit sector would suggest that the fraud loss may reach approximately $40 billion each year.[ii] [...]

Preparing for a Successful Audit

By |2017-10-06T16:57:18+00:00August 31st, 2017|Assurance, Nonprofit, Preparation|

Dan Montgomery, CPA and Senior Assurance Associate at TD&T, explains what an audit entails and why audits are important.  With more than ten years of experience, Dan specializes in audits of nonprofits, governmental entities and employee benefit plans.  Dan is a member of the American Institute of Certified Public Accountants and the Iowa Society of [...]

What is an Audit and Why Do I Need One?

By |2017-07-16T13:51:35+00:00May 25th, 2017|Assurance, Nonprofit|

Dan Montgomery, a CPA and Senior Assurance Associate at TD&T, explains what an audit entails and why audits are important.  With more than ten years of experience, Dan specializes in audits of nonprofits, governmental entities and employee benefit plans.  Dan is a member of the American Institute of Certified Public Accountants and the Iowa Society [...]