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Featured Articles

Dawit Negari, CPA, CFE, CGFM
May 24, 2019

No matter what kind of organization you run, if you use the internet, you are at risk of a cyberattack. Cyber criminals look for information such as contact lists, employee information, banking information, credit card numbers, etc.   

Amisha Patel, CPA
May 10, 2019

To align its definition of “collections” with that used by the American Alliance of Museums, the FASB issued Accounting Standards Update (ASU) 2019-03Not-for-Profit Entities (Topic 958): Updating the Definition of Collections. The ASU applies to all entities that maintain collections, but primarily impacts nonprofit entities as collections are typically held by nonprofit organizations, such as museums, libraries, art galleries, science and technology centers, etc.

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