Author Archives: admin

Clarification on High School ADM/FTE

Thank you, Arizona State Legislature! With the recent passing of Senate Bill 1156 which went into effect in August 2017, the confusion related to whether or not a high school student should be considered as a full time student should … read more >

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Opportunities in Accounting

Presentation by Jennifer L. Shields, CPA, CGFM, Partner Posted August 30, 2017

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Basic Financial Policies for Non-Profits

Financial policies play an integral role in the success of non-profits. Financial policies guide how staff and Board members are expected to operate, while providing clarity and setting expectations. Non-profits are also required to disclose whether they have certain policies … read more >

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How to Make Corporate Sponsorships Work for You

Has your nonprofit organization ever tried to organize an activity or special event, only to realize that you lacked the necessary funding to support it? Did you consider partnering with a local business as an option to cover the expense? … read more >

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What You Need to Know about Tax Abatement Disclosures

Presentation by Anthony St. George, CPA Posted August 2, 2017

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Coming Soon! Change to Not-for-Profit Expense Reporting (Part 2)

As discussed in Part 1 of this blog series, one of the new requirements under Accounting Standards Update 2016-14, Presentation of Financial Statements of Not-for-Profit Entities, is enhanced disclosures over the methods used to allocate costs among program and support functions.Allocation … read more >

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Coming Soon! Changes to Not-for-Profit Expense Reporting (Part 1)

For the first time in 20 years, FASB has made some major updates to the not-for-profit financial reporting and disclosure model. Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities was created to improve … read more >

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