8 Crucial Ways to Protect Yourself from ATM and Mobile Security FraudJanuary 17, 2020
By: Carolyn Giunco Kvalo, CPA/CGMA, CFE, Managing Partner Anyone who has a bank account or credit card runs the risk of being defrauded. Learn how to protect yourself from ATM and mobile security fraud in this article. Did you know that more than 15 million Americans are victims of identity theft every year? Identity theft …
Curchin Managing Partner, Bob Fouratt Presents at New Jersey Credit Union League ‘Inspire 16’ ConventionJanuary 6, 2017
Credit union leaders, board members and professionals gained a world of insight from exhibitors at the New Jersey Credit Union League (NJCUL) 2016 Annual Meeting & Convention (“Inspire 16”), hosted at the Golden Nugget in Atlantic City Oct. 16-18. Curchin Managing Partner, Bob Fouratt, who has been attending NJCUL’s Annual Meeting and Convention for 35 …
Year-End Audit Preparation: 5 Quick TipsDecember 8, 2016
Year-end audit preparation is often synonymous with stress, but it doesn’t have to be. When managed properly, your annual audit can be minimally invasive of your time. Here are five simple things you can do to help your year-end audit go smoothly so that you can focus on other priorities and enjoy the holidays. 1. …
Will The 2015 Transportation and Health Care Act Affect Your Credit Union?August 7, 2015
On July 31, 2015 H.R. 3236, the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015” (the Act), was signed into law by President Obama. Included in the Act are numerous tax provisions and changes. Why would a credit union be interested in the tax provisions of the new law? Because within “Title …
Look For The Hidden Value in NCUA Exam Compliance FindingsJuly 6, 2015
I just finished reviewing a recent NCUA exam report. I try to see if there are any unusual findings or trends in findings from client to client when reviewing these reports so that I can keep my clients up-to-date on NCUA’s focus and trends in their exams. Preparation for your exam in key areas can …
It’s Not Too Late to Let Your Members Know…June 4, 2015
The filing deadline for New Jersey’s property tax relief program has been extended until October 15, 2015. The 2014 Senior Freeze Property Tax Reimbursement Program for senior and disabled New Jersey residents originally had a June 1, 2015 filing cutoff, but State Treasurer Andrew Sidamon-Eristoff announced the extension last week to ensure that all that …
It’s December 2014, Do You Know Where The FASB Is With Its Lease Accounting Proposal?January 13, 2015
It seems like it has been years since we first began anticipating the new lease accounting standard from the FASB, and it has been years. As you may recall, the first Exposure Draft on revisions to lease accounting, released back in 2010, raised such an array of concerns in the feedback and comments received by …
Get Your DATA Together – Preparing for FASB’s Proposed ASU, Financial Instruments: Credit LossesJanuary 12, 2015
I attended the AICPA Conference on Credit Unions in Denver, Colorado in late October 2014. One of the few continuing professional education events for CPAs that is solely dedicated to the credit union industry, I look forward to the accounting updates at this event that are specifically geared to how the standards apply within this …
The Curchin Group’s Managing Partner Speaks at Credit Union MeetingsSeptember 3, 2014
RED BANK, N.J. (July 22, 2014) – Robert C. Fouratt, CPA, managing partner of The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., participated in two speaking engagements for credit union professionals last month. Fouratt, who leads Curchin’s credit union practice, spoke on “Financial Statements & Key Ratios: A Practical …
Change in the Focus of NCUA ExaminersJuly 14, 2014
Have you noticed a change in the focus of the National Credit Union Administration (NCUA) examiners? If you haven’t yet, you soon will. Our Credit Union team attended a recent conference where the NCUA discussed the areas they will be focusing on during the upcoming months. Those areas include: Interest Rate Risk – Examiners are …