Not-for-Profit Organizations Archives - Page 4 of 4

FASB Votes to Delay Effective Dates for 3 Major Standards

Recently, FASB unanimously voted to delay the effective dates for standards on accounting for leases, credit losses (known as CECL), and...

Nonprofit organizations are generally advised to maintain reserves equal to between three and nine months of their annual operating budget....

How often do your not-for-profit board members ask a question regarding the organization’s financial statements? If your board is like most,...

Donations and fundraising can be the largest sources of revenue for not-for-profit organizations. It is essential for not-for-profit...

A donor advised fund (DAF) is a personal charitable giving fund established by a donor at a sponsoring charitable organization. In light of new...

Nonprofits received long-awaited clarification on a key accounting question from the Financial Accounting Standards Board (FASB) at the end of...