News Category: Nonprofit

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May 12, 2021

A Nonprofit’s Guide to Financial Statement Services: Audit, Review, Compilation, and Preparation

Financial statements are a critical component used by management and boards of nonprofit organizations (NPO) to gauge how well the … Read more…

March 22, 2021

Tax Brief: Form 990, Schedule M – Noncash Contributions

From donated clothing to medical supplies to securities, non-cash contributions are a vital form of support of many non-for-profit organization. … Read more…

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January 14, 2021

Webinar: What Every Nonprofit Needs to Know about Form 990

In this webinar, we share best practices and policies for ensuring compliance with reporting requirements. You’ll gain valuable information that … Read more…

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August 31, 2020

Tax Brief: Form 990, What You Need to Know About Schedule G

The IRS Form 990’s Schedule G provides information about a not-for-profit organization’s fundraising activities and events, including benefit dinners and … Read more…

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August 5, 2020

PPP Loans: Nonprofit Accounting & Reporting Considerations in Accordance with US GAAP

Image of a computer keyboard with a key that reads "PPP Paycheck Protection Program"
July 14, 2020

PPP Loan Application Process Extended

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June 25, 2020

WATCH: “Nonprofit Internal Controls in the Remote Working Environment”

Fraud can affect any organization, no matter the size, location, or industry. Internal controls are more important than ever in … Read more…

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June 18, 2020

Tax Brief: Form 990, Schedule I Grants and Other Assistance

The IRS Form 990’s Schedule I is designed to provide information about a not-for-profit organization’s giving of grants and other … Read more…

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June 15, 2020

FASB Delays Effective Date for Revenue Recognition and Lease Standards

In an effort to provide relief to certain entities experiencing business disruption due to the COVID-19 pandemic, the Financial Accounting … Read more…

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June 8, 2020

FTE Calculation and Its Affect on PPP Forgiveness

If you have received funds under the Paycheck Protection Program (PPP), you need to know the importance of Full-Time Equivalent … Read more…