Cathy Lydon is a director specializing 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.
Cathy Lydon, CPA
American Institute of Certified Public Accountants
Minnesota Society of Certified Public Accountants
American Institute of Certified Public Accountants, Not-For-Profit Section Member
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The SECURE Act (Setting Each Community Up for Retirement) recently passed, and the effects on employer-sponsored retirement plans as well as individual tax situations are the most significant since the Pension Protection Act of 2006. The following are some important takeaways that take effect in 2020 unless otherwise noted.