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Nonprofit Issues Newsletter, April 2024

April 25, 2024 – Topics in this issue include the new accounting standard for expected credit losses (CECL), the current economic forecast, how to evaluate your accounting software needs, and student financial aid best practices for K-12 schools.
Adopting CECL: What Nonprofits Need to Know

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.
Navigating 2024: Economic Forecast and Insights for Nonprofits

April 24, 2024 – As rapid economic change and uncertainty continue, nonprofit leaders can take a strategic approach to minimizing negative outcomes. Here’s a look at the current economic forecast and the potential implications for nonprofits.
How to Evaluate the Effectiveness of Your Accounting Tech Stack

April 24, 2024 – Effective accounting software solutions and automation can provide nonprofit organizations with significant benefits. These steps will help you evaluate the effectiveness of your current accounting software and calculate the cost of making a change.
Student Financial Aid Best Practices for K-12 Schools

April 24, 2024 – Private K-12 schools must navigate many financial aid considerations. Here’s a look at common K-12 financial aid strategies and best practices.