Nonprofit Resources
Required Disclosure Regarding Cash Deposits in Excess of FDIC Insurance
March 13, 2023 - In light of the current questions being raised about the U.S. banking system, organizations should be aware of the importance of the required financial statement disclosure regarding cash deposits in excess of FDIC insurance. This disclosure provides the required information regarding an organization’s cash deposits in excess of the federally insured amounts.
Free Enhanced Online Access to U.S. Accounting Rules Now Available
March 6, 2023 - Free enhanced online access to accounting rules developed by the Financial Accounting Standards Board and the Governmental Accounting Standards Board is now available. This includes advanced features for searching, navigating, copying and pasting, and printing.
Economic Forecast and Impact of Inflation on Revenue and Compensation
February 27, 2023 - Nonprofit leaders need to make strategic decisions amid ongoing uncertainty. Here are key takeaways from our recent discussion about the current economic forecast and the impact of inflation on investments, contributions, and employee compensation.
Getting Started with Data at Your Nonprofit
December 14, 2022 - Using data doesn’t have to be complicated, and the benefits can be significant. With the right systems and processes, data can help your organization operate more efficiently, effectively, and strategically.
Mastercard Significantly Modifies Recurring Giving Requirements
October 18, 2022 - After previously announcing changes to its requirements for merchants that use subscription or recurring billing, Mastercard has altered its requirements to apply only to organizations with excessive chargebacks.
Mastercard Provides Clarification and Extension on Recurring Giving Rules
September 13, 2022 - Mastercard clarified that its new requirements for subscription payments apply to nonprofit recurring gifts and extended the effective date for nonprofits by six months.
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.
Webinar for Nonprofits: Untangling Leases: A Step-by-Step Guide to Implementing ASC 842
September 29, 2022 - This recorded webinar provides an in-depth review of the new lease accounting standards that will be implemented with ASC 842. We cover key decision considerations for implementation, examples of the types of leases, and the applicable transition guidance.
QuickBooks: The End of an Era or the Start of a New Opportunity?
June 27, 2022 - Intuit has discontinued access to add-on services for QuickBooks Desktop for Windows 2019 and is no longer providing support or security updates. While we know this change may cause concern for long-time QuickBooks Desktop users, it’s also a good opportunity to assess your organization’s needs and options.
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.