Nonprofit

Those of us who specialize in working with nonprofit organizations continuously monitor the Not-for-Profit Advisory Committee (NAC) of the Financial Accounting Standards Board (FASB)

Budgeting serves as an indispensable tool for every nonprofit, enabling organizations to navigate the constantly shifting terrain of funding environments and societal requirements

In April 2024, the OMB released a rewrite of the Uniform Guidance, effective October 1, 2024

As a result of California Assembly Bill 488 (CA AB 488), online payment platforms are required to confirm that charities are current in their status with the IRS, Franchise Tax Board, and Registry of Charitable Trusts

In September 2023, the federal Office of Management and Budget (OMB) released its proposed rewrite of the Uniform Guidance

Since the introduction of cryptocurrencies, charities have grappled with the idea of accepting them as a contribution, like receiving a donation of stock.  The growth in crypto popularity has prompted more charities to say “Yes.”  However, if your charity decides to accept such a gift, you may need to obtain…

Introduction Over the past four years, nonprofit organizations (NFPs) have faced a steady stream of new Accounting Standard Updates (ASUs) to adopt