Tag: nonprofit
New Leasing Standard Deadline for Private Companies, Nonprofits Approaching
The new leasing standard for private companies and private nonprofits will be effective for fiscal…
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Considerations for Nonprofits in the Post-COVID-19 Environment
When thinking about how nonprofit organizations have adapted over the past year—and will continue to…
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Three Accounting Mistakes for Nonprofits to Avoid
Failure to invest wisely in sophisticated accounting methods and support can lead to significant issues…
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FASB Offers Goodwill Impairment Alternative to Private Businesses, Nonprofits
FASB will allow provide private companies and nonprofits to use an accounting alternative to evaluate…
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PPP2 Bill Passes, Will Allow Tax Deductibility of Loan Expenses
Congress passed a COVID relief bill that includes an extension of the PPP program and…
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FAQ: Uniform Guidance Single Audits
Whether it’s your first time preparing for a Single Audit or you’ve had extensive experience,…
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How Your Nonprofit Can Get a Boost with Year-End Giving
Year-end giving is a crucial time of year for nonprofits. Here are ideas and strategies to…
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FASB Clarifies Presentation and Disclosures By Nonprofit Entities For Contributed Nonfinancial Assets
The FASB has issued ASU 2020-07, (“Update”) to clarify the presentation and disclosure of contributed…
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Main Street Lending Program Opening, Terms for Nonprofits Released
The Federal Reserve Bank of Boston announced that the Main Street Lending Program is OPEN…
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COVID-19 FAQs: Nonprofit & Education
Here are some of the most frequently asked questions and resources to help nonprofit and…
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