August 18, 2016 - The Financial Accounting Standards Board (FASB) today issued Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities.
See how higher education institutions across the U.S. responded to questions about Applicable Large Employers, Form 1098-T penalty notices, employment of adjunct professors, and much more.
Many ministries have questions about internal controls and how to effectively address or prevent vulnerabilities. This article looks at some of the specific internal control weaknesses that can exist in a church and why they are a concern.
The seventh edition of our annual Higher Education Tax Reporting Trends Project includes results from a survey of 190 colleges, universities, and seminaries across the U.S. Get data on applicable large employers, IRS notices regarding Form 1098-T issues, Form 5500, and more.
July 12, 2016 - In an effort to hold higher education institutions accountable and protect the federal government’s financial interests, the Department of Education recently proposed new regulations that will more than likely impact your nonprofit higher education institution.
This issue provides insight on a new cyber security threat targeting finance departments, what you need to know about the FASB ASU on leases, the latest nonprofit fraud statistics, and more.
The CapinCrouse 2016 Higher Education Tax Update covers the latest developments across a range of key topics. This includes IRS updates, Form 1098-T reporting changes, how to determine if you are an Applicable Large Employer (ALE), and how the overtime final rules affect higher education institutions.
According to published reports, a number of organizations have received emails from an individual in England who was unknown to the organizations and offered a donation of approximately $30,000. Learn how this scam works.
Statistics to consider when you complete your next Form 990 or draft your next annual report, along with information on how CapinCrouse can help.
A look at some of the common mistakes made in church finance departments and how these mistakes can be remedied.
