Linda J. Kramer, CPA, MBA Accounting & Auditing Director The Public Support Test is a critical measure used by the IRS to determine whether a nonprofit organization qualifies as a public charity rather than a private foundation. This test ensures that the...
Sean S. McNeil, CPA, MBA Accounting & Auditing Manager Assuming your organization operates on a calendar-year tax basis and filed its Form 990 on time this year, you probably don’t want to think about tax reporting again until next spring. However, it’s important...
Sean S. McNeil, CPA Accounting & Auditing Manager Fraud awareness training and strong controls help nonprofits fight fraud, and the need for diligence is growing in the nonprofit sector. Nonprofit organizations suffer roughly half the median loss per incidence of...
Linda J. Kramer, CPA, MBA Accounting & Auditing Director Nonprofit organizations were challenged a few years ago when they had to adapt to the significant changes in financial reporting standards that became effective with ASU No. 2016-17 – Presentation of...
