Nonprofit Resources
Lessons Learned from Data Breaches
August 24, 2022 - All nonprofits are at risk of being impacted by a data breach at their organization or a key vendor. And in the wake of a breach, there are numerous audit, tax, and cybersecurity considerations.
Common Questions About Minister’s Taxation
June 29, 2022 - Minister’s taxation can be a complicated task in our current U.S. tax reporting system. Here are answers to some common questions about minister’s taxation to help bring clarity and make this filing season a more efficient and enjoyable one.
Implementing the New Accounting Standard for Leases: Part Three
June 27, 2022 - The third article in our series about the new accounting standard for leases, ASC 842, walks through the key decisions that affect the accounting for each of your lease contracts. It also covers completing the initial and subsequent measurements based on those decisions and the underlying contracts.
Inflation’s Ripple Effect on Nonprofits and Their Employees: Part One
June 27, 2022 - Employers are scrambling to make tough decisions while employees request wages they consider fair amid marketplace uncertainty and increasing costs for basic necessities. Consider these steps as you work to balance the effects of inflation at your organization.
How We Work Isn’t Working: 5 Principles to Help Improve Culture and Effectiveness at Your Nonprofit
June 27, 2022 - Integrating these five principles into your strategic planning can have a drastic impact on your organization’s culture and effectiveness.
Compliance Trends Affecting Higher Education Institutions
June 20, 2022 - The changes and challenges higher education institutions navigate include several regulatory updates regarding compliance. This article looks at the impact of these changes and how they will affect institutions in 2022 and beyond.
Revisiting GLBA: Important Updates
May 12, 2022 - If your higher education institution receives federal funds, it’s important to understand recent updates to the Gramm-Leach-Bliley Act and how they may affect your institution’s compliance. This article provides an overview of the changes.
Implementing the New Accounting Standard for Leases: Part Two
April 27, 2022 - The second article in our series walks you through three important steps in implementing the new accounting standard for leases: determining the lease term, discount rate, and classification.
Employee Retention Credit Frequently Asked Questions
April 20, 2022 - Answers to common questions about the Employee Retention Credit, including how to determine eligiblity, what qualified wages are, how to claim it, and more.
Gifts-in-Kind of Cryptocurrency: Applying FASB ASU 2020-07
April 19, 2022 - Learn about the requirements for reporting contributions of cryptocurrency under ASU 2020-07.