New lease accounting standard: The time has come to prepare

Jun 30, 2021

By Ryan C. Peck, CPA Senior Accountant & Auditor Since the process of enhancing the lease accounting standard began in 2006, and given several delays of the implementation dates, it sometimes seemed as if the new standard would never become a reality. But the time...

New accounting rules govern reporting of gifts in kind

May 14, 2021

If your nonprofit organization accepts contributions of nonfinancial assets, new rules govern financial reporting of gifts in kind.

Is your nonprofit considering going virtual?

Jan 29, 2021

Many nonprofits and businesses that sent employees home to work remotely in 2020 are considering whether they will make the virtual work arrangement permanent.

Using the Form 990 to Reach Potential Donors

Jan 28, 2021

The federal Form 990 information return can become an important tool for nonprofits to attract donors.

A code of ethics should align with a nonprofit’s mission

Jan 28, 2021

A nonprofit’s code of ethics guides day-to-day operations, as well as your employees’ and board members’ conduct.

To find new revenue opportunities, apply critical thinking skills

Jul 17, 2020

Sometimes finding new sources of revenue starts internally by examining your organization’s finances and applying critical thinking skills.