…Contact your Keiter Opportunity Advisor or Email | Call: 804.747.0000. Our not-for-profit team is well versed in these and other not-for-profit accounting considerations. Download our Nonprofit Fundraising Event Reporting Checklist…
Article 3 in a 3 part series Nonprofit Accounting Considerations for Digital Asset Donations As cryptocurrency and other digital assets have soared in popularity, many not-for-profit organizations have started considering…
…– Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Events (“ASU 2021-03”) attempts to simplify the goodwill triggering event evaluation process for private companies and not-for-profit entities. Existing…
…interest policy for your nonprofit, please contact your not-for-profit Keiter Opportunity Advisor. Our not-for-profit team is well versed in these and other not-for-profit best practices. More resources for strong not-for-profit…
…Many non-profits have multiple types of fixed assets, such as vehicles, equipment, buildings, building improvements, and furniture. While many non-profit organizations use a single threshold for a one-size-fits all policy,…
…Accounting for Government Grants and Disclosure of Government Assistance or FASB Accounting Standards Codification (ASC) 958-605, Not-for-Profit Entities – Revenue Recognition, leading to inconsistent reporting and limited comparability. ASU 2025‑10…
…with results that may portend future changes to US accounting standards. The Not-for-Profit Advisory Council The Not-for-Profit Advisory Council (“NAC”) was established in October 2009 and serves as an advisory…
Single Audit Update for Not-for-Profit Organizations Background of OMB A-133 Compliance Supplement Each year, the Federal Government provides over $400 billion in grants to State, local and tribal governments, colleges,…
…endowments made up of held-to-maturity investments. CECL is effective for non-profits for fiscal years beginning in 2023. Background In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards…
…scared to revisit the conversation. Endowments can be daunting, but we are here to help. Contact your Opportunity Advisor or Email | Call: 804.747.0000 Additional Resources Not-for-Profit Accounting Insights …
…accounting and financial reporting matters, and regulatory compliance. Richard leads the Firm’s Not-for-Profit team and is a member of the Healthcare and Medical Practices industry team. Prior to joining Keiter,…
Jayme is dedicated to high level client service and partners with not-for-profit organizations to assist them in reaching their program goals. Jayme leverages her over 20 years of not-for-profit tax…