Nonprofit Accounting Basics

Advanced Search

Whose Money is it? Recording Contributions Held for Others

Originally Posted: June 25, 2020

Winter is here, and many organizations are preparing for the rush of year-end grants and contributions.

Rebecca Schorling

Marcum LLP

Interim Stimulus Plan

Originally Posted: June 11, 2020

Last week the Interim Stimulus Plan was passed by Congress and signed by President Trump as an amendment to the Coronavirus Aid, Relief and Economic Stimulus (CARES) Act.  The main provisions

Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement

Originally Posted: June 2, 2020

As part of FASB’s ongoing initiative to improve the effectiveness of the notes to the financial statements, modifications were made to the fair value measurement disclosures.  On August 28, 20

Cybercriminals Exploit COVID-19 – Don’t Become A Victim

Originally Posted: May 21, 2020

In response to COVID-19, many organizations are using a Virtual Private Network (VPN) and the related IT infrastructure to shift their workforce to teleworking.

Elements of Successful Nonprofit Cybersecurity

Originally Posted: May 14, 2020

Nonprofits are more reliant on technology than ever before to deliver on their mission.

Darren Hulem

GRF CPAs & Advisors

Accounting Standards Updates (ASU) 2019 Effective Date Reminder

Originally Posted: April 30, 2020

This Effective Date Reminder lists only those pronouncements issued as of November 1, 2019.

ASU 2014-09 Revenue from Contracts with Customers (Topic 606)

Coronavirus Aid Relief for Tax-Exempt Organizations

Originally Posted: April 1, 2020

CARES Act provisions affecting exempt organizations and their donors

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the

Pages