April 19, 2022 - Learn about the requirements for reporting contributions of cryptocurrency under ASU 2020-07.
Author Archives for Christopher Gordon
About Christopher Gordon
Christopher joined CapinCrouse in 2006 and has more than 10 years of experience providing audit and review services to various nonprofit entities, including colleges and universities, churches, foundations, international mission organizations, and relief and development organizations. He serves as a Partner and is responsible for the oversight of audit engagements and also, as appropriate, for the recommendation of internal control structures and best practices.
April 27, 2021 - Many nonprofit leaders have questions about how their organizations might be able to benefit from cryptocurrency. Here are financial reporting, tax compliance, and other considerations nonprofit organizations should think through before accepting or using cryptocurrency.
The COSO Framework is designed to provide a process of controls aimed at achieving the organization’s objectives. The recent update resulted in five significant changes.