Tag: nonprofit

Table set for meeting in office
Five Reasons Why Your Nonprofit Organization Should Consider Forming an Audit Committee

Adopting and maintaining an audit committee is a critical component for nonprofit organizations in being…

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How Can I Measure the Liquidity of My Nonprofit?

Financial performance measurement is a strategy a Nonprofit organization can use for evaluating operations, programs,…

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The Scleroderma Foundation

The largest nonprofit funder of medical research, The Scleroderma Foundation reflects on its partnership with…

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3 people having a business meeting on a train
Pre-Tax Travel Expense Changes and the Impact to Nonprofits

The Tax Cut and Jobs Act of 2017 added a provision to the Internal Revenue…

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FASB Clarifies Nonprofit Grants and Contributions
FASB Clarifies and Improves Guidance for Nonprofit Grant and Contributions Accounting

The FASB issued ASU 2018-08 to clarify the accounting guidance related to contributions made or received.…

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Are You Prepared for Liquidity Disclosures?

o make nonprofit financial reporting more transparent, the Financial Accounting Standards Board (FASB) has published…

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What Tax Reform Means for the Healthcare Industry

To help organizations navigate the issues most impactful and urgent to the healthcare industry, we’ve…

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What Nonprofits Need to Know About Rev Rec

With ASC 606 – the Financial Accounting Standards Board’s (FASB) new revenue recognition standard –…

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MA Nonprofits: Getting to Know the CORE Plan

The Connecting Organizations to Retirement (CORE) Plan was launched in late 2017 as a 401(k)…

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Pledge Receivables: The Accounting Isn’t As Simple As It Might Seem

It’s welcome news for a nonprofit when a donor promises to make a contribution at…

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