Tag Archives: NPO

Arizona Use Tax – Does My Organization Need to Pay It?

Have you ever purchased something from an out of state vendor but were not sure if you owed use tax to the State of Arizona? If you answered yes, you are not alone! When trying to solve this problem, the … read more >

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Differences between Audits, Reviews and Compilations

Accounting firms can provide a host of different services to organizations. Three types of services that often get confused with each other are compilations, reviews and audits. This quick refresher will provide the core differences between the three services, as … read more >

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Tips for a Successful Silent Auction

So, your organization has decided to hold an annual fundraiser.  Maybe you have decided on a fundraising dinner event, with entertainment and an MC to facilitate the event.  “What are some ways to generate revenue at this event?” your organization … read more >

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Net Asset Requirement Changes for Non-Profits

Posted November 8, 2017 Presentation by Kara Jungbluth, CPA, Audit Manager

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Data Analytics – A New Era of Auditing

Artificial Intelligence (AI) is impacting our world in many ways, and the auditing profession is no exception. As a result of the advancements in technology, specifically related to data analytics, auditors are now able to perform audit procedures on entire … read more >

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Revenue Recognition for Pledges

Pledges can be the lifeblood of a non-profit, and while your development department may be eager to record every promise they receive, there are several items the accounting department must consider. To be eligible for revenue recognition, the pledge needs … read more >

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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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