Your Not-for-Profit Audit Guide – Part 1
Your Not-for-Profit Audit Guide – Part 1

It’s never too early to start planning for your not-for-profit’s first independent audit, even if you are a small organization and have never considered the need to have one....

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Not-for-Profit Audit vs. Financial Statement Review
Not-for-Profit Audit vs. Financial Statement Review

If you work in the world of nonprofits, there’s a good chance you are familiar with the idea of having an annual, independent, not-for-profit audit by a CPA. You may be required to have an audit by your funding sources or by state law (in your home state or where you solicit contributions). But even if it is not a requirement, there may still be very good reasons for requesting a not-for-profit audit....

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Getting on Board with the New Not-for-Profit Accounting Principles (Part II: Statements of Activities and Functional Expenses)
Getting on Board with the New Not-for-Profit Accounting Principles (Part II: Statements of Activities and Functional Expenses)

In my last article about the new not-for-profit accounting principles, I discussed how ASU 2016-14 will change the way that not-for-profits organize and present information in their financial statements....

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US Not-for-Profits: Your Financial Statements Are About to Change
US Not-for-Profits: Your Financial Statements Are About to Change

If you have anything to do with preparing financial statements for U.S. not-for-profit organizations, then you certainly have something to look forward to in 2018....

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