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“The Importance of Year-End Contract Audits,” Buffalo Law Journal

November 3, 2016
Laura A. Colca

“The end of the year is the perfect time for businesses of all sizes to conduct an annual contract audit of their form agreements and governing documents in order to ensure compliance with changes in the law that occurred over the past year,” writes Laura A. Colca, special counsel in Goldberg Segalla’s Business and Commercial Practice Group who focuses on transactional and corporate work.

“Equally as important, an end-of-year contract audit helps prepare company agreements for anticipated changes to be implemented in the upcoming year.”

In this article, Laura examines several important developments that impact businesses and not-for-profit companies. These include new rules from the Financial Accounting Standards Board for not-for-profit financial statement presentation standards, an amendment to New York’s Nonprofit Revitalization Act, and the passage of the federal Defend Trade Secrets Act.

Read the article here: