…a prospective basis. Questions on this topic or other not-for-profit accounting regulation changes? Our not-for-profit team can help. Contact us: Email | 804.747.0000 Additional Not-for-Profit Resources Mission Possible: Profile of…
Tax Exempt Organizations Expecting Refunds Due to the Nonprofit Parking Tax Repeal On December 20, 2019, the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the “Act”), was signed…
…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…
By Keiter CPAs | Not-for-Profit Team Not-for-profit organizations can benefit from charitable contribution incentives included in The CARES Act On March 27, 2020, President Trump signed into law the Coronavirus…
…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…
…non-profit organizations Movie theater operators Talent representatives – defined as an agent or manager who operates a for profit or non-profit activity that is primarily engaged in representing artists and…
…provisions of ASC 842 that a not-for-profit organization might see only occasionally, which may make the organization uncertain of the appropriate guidance. Free rent If an organization is fortunate enough…
…Not-For-Profits: Changes to Net Asset Classifications (Part I) Financial Statements of Not-For-Profits: Changes to Net Asset Classifications (Part II) Not-For-Profit Financial Statements: New Liquidity and Availability Disclosures Required (Part III)…
…be 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…