By: David Clark, CIA, CFE, CRMA and LaShaun King, CPA Like many organizations, colleges’ and universities’ worlds were flipped upside…
Are Your Activities Accurately Depicted in Your Functional Expense Analysis?
By: Amy Guerra, CPA The financial statement presentation for not-for-profit entities (NFP) experienced an overhaul with Accounting Standards Update (ASU)…
Corporate Volunteering Trends and How Nonprofits Can Tap Into Them
By Adam Cole, CPA, and Andrea Espinola Wilson Amid the early stages of the COVID-19 pandemic, many nonprofits saw an…
U.S. Department Of The Treasury Issues Final Rule For Coronavirus State And Local Fiscal Recovery Funds
By: Stacey Powell, CPA, CFE, CICA The U.S. Department of the Treasury (Treasury) released the Final Rule for Coronavirus State…
IRS Tax-Exempt And Government Entities Division Releases Fiscal Year 2021 Accomplishments Letter
By: Marc Berger, CPA, JD, LLM The IRS Tax-Exempt and Government Entities (TE/GE) Division released its “Fiscal Year 2021 Accomplishments…
Nonprofit Items to Note – Spring 2022
Office of Management and Budget (OMB) Issues Addenda to 2021 Compliance Supplement OMB issued a Federal Register notice announcing the…
