By Richard W. Lewis, CPA, CFE, Business Assurance & Advisory Services Partner | Not-for-Profit Team Leader Understanding the Impact of ASC 606 (Revenue Recognition) for Not-For-Profit Organizations Accounting professionals have…
By Doug Nickerson, CPA, CGFM, CFE, CIA | Partner | Not-for-Profit Team The American Institute of Certified Public Accountants (AICPA) recently released this year’s Audit Risk Alert (Alert), Not-for-Profit Entities…
…Contact your not-for-profit’s legal advisor if you have any questions or concerns on compliance for your organization. For more timely not-for-profit accounting, compliance, and governance topics, read our not-for-profit blog….
…of a local not-for-profit organization, Amy is familiar with the special issues not-for-profit organizations face. At Keiter, Amy works with not-for-profit organizations including religious-based entities, endowment funds, private foundations and…
…last webinar in a three-part webinar series dedicated to the audit requirements of the SVOG Program entitled “Audit Requirements for For-Profit Entities”. The topics covered included: Overview of the For-Profit…
…a non-profit entity may receive in-kind contributions of donated lease space. Nonprofit entity below market rent payments In situations where the non-profit entity is making below market rent payments, the…
…Kind‘, we provide an overview of the new disclosure requirements. Below is an example of a nonprofit disclosure under the new ASU. Sample of Nonprofit Disclosure for Gifts in Kind…
…Financial Statements of Not-for-Profit Entities, made available to the public its first major proposed changes to not-for-profit accounting in over 20 years. The goal of the FASB is to improve…
…the ‘ASU 2016-14, Not-for-Profit Entities (Topic 958), Presentation of Financial Statements of Not-for-Profit Entities’ series: Financial Statements of Not-For-Profits: Changes to Net Asset Classifications Financial Statements of Not-For-Profits: Changes to…
…latest impacts of recent accounting and tax guidance and best practices for not-for-profit organizations. Attendees included numerous Richmond not-for-profit organizations. Not-for-profit accounting specialists share their insights on the latest developments…
…Accounting Standards Update (“ASU”) No. 2016-14 – Not-For-Profit Entities (Topic 958): Presentation of Financial Statements of Not-For-Profits Entities, which will have a significant impact on not-for-profit financial statements. The ASU…
…of Not-for-Profit Entities’ series: Financial Statements of Not-For-Profits: Changes to Net Asset Classifications Financial Statements of Not-For-Profits: Changes to Net Asset Classifications (Part II) Functional Expense Allocation Methods Not-For-Profits Should…