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How to Be the Best Nonprofit to Work For
This short article discusses the qualities a nonprofit should possess in order to keep workers happy and efficient. It discusses the wants of a worker from feeling valued to be…
Other Items to Note – 2019 OMB Compliance Supplement Status
2019 OMB Compliance Supplement Status Each year the Office of Management and Budget (OMB) Compliance Supplement (2019 Supplement) is updated to reflect changes to compliance requirements applicable to federal programs…
IRS Expands Self-Correction and Determination Letter Programs For Retirement Plans
By Norma Sharara, JD, and Joan Vines, CPA The IRS recently expanded two existing programs for tax-qualified retirement plans—the Employee Plans Compliance Resolution System (EPCRS) and the determination letter (DL)…
Don’t Be A CF-NO: How Nonprofit CFOs Can Collaborate With Senior Leadership
By Laurie De Armond, CPA, and Adam Cole, CPA In a recent insight, we explored the concept of “Nonprofit Heart, Business Mindset”–which, put simply, is the belief that nonprofit organizations…
FASB Issues Asu 2019-03, Updating The Definition Of Collections
By Lee Klumpp, CPA, CGMA The Financial Accounting Standards Board (FASB or the Board) issued Accounting Standards Update (ASU) 2019-03, Updating the Definition of Collections, to address the issue that…
Top 10 Trends in The Nonprofit Industry
By Laurie De Armond, CPA and Adam Cole, CPA The nonprofit industry is anything but static. Many outside factors impact their daily operations. Following is a list of what we…