Stephen A. Rollins Jr., CPA Vice President & Director Current Expected Credit Loss or “CECL” has been a major topic for financial institutions, but it will also impact businesses and nonprofits. CECL is effective for businesses and nonprofits with years beginning...
Jayme F. Moore, CPA Vice President & Director Whether it’s inflation, the tight labor market or cybersecurity threats that are challenging you, it’s essential to keep your nonprofit economically healthy. Nonprofit leaders are facing many challenges today, and if...
Linda J. Kramer, CPA, MBA Accounting & Auditing Director Some provisions of the SECURE Act 2.0 of 2022 (a follow-up to the SECURE Act of 2019) have been in force for more than a year — including several that affect 403(b) retirement plans. If your nonprofit offers...
Sean McNeil, CPA, MBA Accounting & Auditing Manager Your small nonprofit organization received a large grant or donation. Congratulations! But for smaller nonprofits, large gifts can come with some unanticipated costs. Specifically, a large gift may push your...
Linda J. Kramer, CPA, MBA Accounting & Auditing Director Outsourcing of accounting and bookkeeping support services is an increasing trend in many nonprofit organizations. Driven by several factors, outsourcing is a confluence of trends impacting nonprofits. ...
By Jayme F. Moore, CPA Vice President & Director Under Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities, nonprofit organizations are required to present the relationship...
