Tag Archives: nonprofit

COVID-19 Impacts on the Schedule of Expenditures of Federal Awards

As a result of the COVID-19 pandemic, entities all over the United States are seeing an influx of federally funded programs. Over the last 18 months, many new federal programs have been established, and funding has also been added to … read more >

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Outside Vendors: Protecting Your Data

We all know that technology is adapting and improving every day. Over the past decade, data has become much more accessible and cloud-based. While this provides many positive opportunities for users of the data, the threat of cybersecurity breaches has … read more >

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Can You Identify a Fraudster?

Occupational fraud, which is fraud committed by persons within an organization, is problematic throughout the world. This type of fraud causes significant, costly damages to organizations due to the fraudulent activities of its employees. Organizations often are not equipped, or … read more >

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Developing a Conflict of Interest Policy

We make countless decisions every day of our life.  Many of these are most likely inconsequential, but there will be plenty of choices to make that have a greater impact.  Part of life includes learning how to make the best … read more >

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Are You Ready for PPP 2.0?

On December 27, 2020 a new COVID-19 relief bill was signed into law.  This relief bill contains a new version of the Paycheck Protection Program (PPP) and some updates to the old PPP that are important as well.  New funding … read more >

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Is This Contribution Conditional?

Under the revenue recognition Accounting Standards Update No. 2018-08 – Clarifying the Scope and the Accounting Guidance for Contributions, a conditional contribution cannot be recognized until barriers are overcome. But what are the characteristics of a conditional contribution under the … read more >

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Changes to the 1099 Form for 2020

I think we can all agree we are ready for 2020 to come to an end!  With calendar year end brings certain tax-related filings.  Most entities will be filing W2s to report their employees’ wages and taxes and 1099s for … read more >

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