Lisa joined CapinCrouse in July 2006 and serves as a partner. She has acquired a broad range of experience through serving a variety of clients within the nonprofit industry, including churches, colleges and universities, loan funds, foundations, international mission organizations, and voluntary health and welfare organizations. In addition to providing audit, accounting, and consulting services, Lisa is a member of the firm's Quality Control team. In this role, Lisa is an integral part of developing content for continuing professional education, developing strategies to implement new audit and accounting standards, and providing technical assistance to team members across the firm.
April 24, 2024 - The new accounting standard for expected credit losses, commonly referred to as CECL, is now in effect. Here are answers to frequently asked questions about CECL and insight on what nonprofits need to know as they implement the new standard.
August 24, 2022 - In this final installment in our article series about implementing ASC 842, we walk through the transition guidance for adopting the new standard and discuss the key financial statement presentation and disclosure provisions.
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.
What you need to know about the FASB Accounting Standards Update (ASU) on financial reporting for leasing transactions, plus action items for consideration.