- Documenting Board Approval for Payroll Contracts
- Travel Reimbursements – Tips for Uncommon Scenarios
- Why Segregation of Duties Matters in an IT Environment
- Don’t Hold Your Breath: Why Water and Wastewater Rates in Arizona Aren’t Falling Anytime Soon
- Do Your Due Diligence!
- What Happens When Cash Isn’t Reconciled
- Adjacent Ways Projects: Capitalize or Expense?
- Excel Made Easy – VLOOKUP and XLOOKUP
- Physical Inventory Considerations
- I Submitted a December Budget Revision, Now What?
Tag Archives: nonprofit
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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Tagged Arizona, classification, expenses, FASB, financial statements, functional expenses, nonprofit, NPO, support services
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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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Tagged Arizona, classification, expenses, FASB, financial statements, nonprofit, NPO
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Donations – A Quick Guide on How to Record Donated Items
Presentation by Kristen M. Conway, CPA Posted June 21, 2017
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Tagged accounting, auction, donations, financial statements, nonprofit, NPO, raffle
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Charitable Contributions – Substantiation & Disclosure Requirements
Presentation by Casey R. Good, CPA Posted May 23, 2017
Posted in Videos
Tagged accounting, Arizona, contribution, donation, IRS, New Mexico, nonprofit, NPO
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Practical Internal Controls for Small Organizations
Our firm works with organizations with varying staff sizes, but regardless of size, every organization must implement a system of internal controls over key financial processes and financial reporting.While this can be difficult for small organizations where many employees “wear … read more
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Tagged accounting, Arizona, audit, compliance, CPA, CPA firm, fraud, internal control, job responsibilities, nonprofit, oversight, theft
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Uniform Guidance – Brief Overview of the Methods of Procurement
Posted March 27, 2017 Presentation by Eugene Park:
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Tagged accounting, audit, compliance, government, nonprofit, NPO, OMB, procurement, purchasing, uniform guidance
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Using the “Green Book” to Set a System of Internal Controls
The Standards for Internal Control in the Federal Government, also known as the “Green Book,” sets the standards for an effective internal control system for federal agencies. These control standards are widely adopted by state and local agencies as part of … read more
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Tagged 501c3, accounting, Arizona, audit, compliance, CPA, CPA firm, Federal, government, Green Book, internal audit, internal controls, IRS, nonprofit, NPO, risk assessment
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