Redpath Insights

Cathy Lydon, CPA

Cathy Lydon, CPA
Cathy Lydon is a director and leader of the not-for-profit industry team. She has been in public accounting since 2004 and specializes in working with not-for-profit organizations. Cathy has extensive experience performing financial audits and Federal single audits in accordance with uniform guidance. Her audit experience includes governmental entities, charter schools, healthcare, DEED Extended Employment Program Compliance audits, and employee benefit plan audits. Cathy is a holder of The Advanced Single Audit Certificate issued by the AICPA. The Advanced Single Audit Certificate requires the ability to evaluate and analyze the core concepts related to client acceptance, engagement planning, engagement analysis, concluding an engagement, and guiding principles for single audits at an advanced level as outlined in the AICPA Competency Framework: Governmental Auditing. She has provided public accounting services since 2004 and has been at Redpath and Company since 2008.
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Recent Posts

Is Your Not-for-Profit Preparing for the FASB Accounting Standards Update?

In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-14, which has far-reaching implications for not-for-profit organizations. The FASB believes that the complexity of financial statements can...

Are You a Not-for-profit? Let’s Talk About Fraud Mitigation

Fraud. It comes in many forms, and some firms, organizations, and institutions are more vulnerable than others. Not-for-profits can be some of the most susceptible organizations, as they are often not implementing fraud mitigation best practices...

Uniform Guidance: Procurement Grace Period

You probably know that the new Uniform Guidance over federal programs allows for a two year grace period for implementation of the new procurement requirements.  However, we are finding that many entities do not know that Uniform Guidance requires...