7 Tips for Navigating Nonprofit Accounting Compliance
Tax-exempt organizations have seen significant changes to financial accounting and reporting standards in recent years. Implementing new standards can be …
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Tax-exempt organizations have seen significant changes to financial accounting and reporting standards in recent years. Implementing new standards can be …
The last step of the nonprofit audit is to present our audited financial statements and shiny, clean opinion letter to the board.
*Editors note: This article is an effort by our guest contributor to provide additional clarity around the new U.S. tax …
Over the years, my experience in a variety of financial leadership roles has led me to the following hypothesis: nonprofit …
In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the …
We don’t know where the funding is headed but I think we can all agree that changes are coming.
Procedures and processes that serve multiple purposes (e.g. compliance and information) have a much better chance of success than doing something just because it must be done.
Does a dark cloud hang over your office when the auditor arrives? If you answered ‘yes,’ you’re not alone.
As you evaluate the administrative expenses of your organization, remember that you’re not operating in a vacuum; why you exist will have a bearing on how you exist.
A one-stop shop for the basics of nonprofit accounting.
