News

Industry Updates

Audit Preparedness for Nonprofits

Nonprofit organizations operate in an environment where transparency, accountability, and public trust are essential to sustaining their mission. Independent audits play a critical role in reinforcing trust – …

Jan 13th, 2026
Audit Preparedness for Nonprofits
Industry Updates

Year-End Readiness for Nonprofits: Accounting Close and Financial Planning That Withstands Audit, Board, and Donor Scrutiny

Year-end is a defining moment for nonprofit organizations. It is when operational activity becomes auditable financial information, grant obligations are measured with precision, and liquidity decisions shape the …

Dec 12th, 2025
Year end - nonprofit organizations
Accounting

Cost Allocation Methodology for Nonprofit Organizations

Financial transparency in nonprofit operations and the accurate matching of costs to programs are the bases for internal management that focuses on decision-making, budgeting, sustainability and external donor …

Nov 13th, 2025
Cost Allocation for Nonprofits
Financial Services

The playbook: How accountants steady nonprofits in a funding crunch

Facts about the state of the infrastructure and needs When funding drops, organizational leaders tend to translate headlines into numbers: how big the gap is, how long the …

Oct 27th, 2025
How accountants steady nonprofits in a funding crunch
News

The Use of AI in Nonprofit Tax Preparation and Beyond

Artificial intelligence (AI), especially generative AI (GenAI) and machine learning (ML) – is now embedded across the nonprofit tax lifecycle: provisioning and close, compliance, research, controversy, and planning. …

Oct 24th, 2025
The Use of AI in Nonprofit Tax Preparation
News

Nonprofits: 5 Reasons to Build a Surplus Budget

In the most recent State of the Sector Survey, the Nonprofit Finance Fund found that 36 percent of the 2,200+ respondents ended 2024 with a deficit. The federal …

Sep 18th, 2025
Building a Nonprofit Surplus
Industry Updates

Nonprofit Sustainability: 6 Keys to Strategic Growth

Recently, the Stanford Social Innovation Review reported that more U.S.-based nonprofit organizations are relying on philanthropy — gifts of $10,000 or more — as their dominant funding category. …

Aug 28th, 2025
Nonprofit Growth Strategy
Financial Services Accounting

How Fractional CFO Services Benefit Your Nonprofit

Are you a new or growing nonprofit in need of specialized financial leadership? If you’re not ready to commit to hiring a full-time finance executive, fractional CFO services …

Aug 20th, 2025
Fractional CFO in NYC
News

OBBBA — Quick Nonprofit Impact Summary

One Big Beautiful Bill Impact The One Big Beautiful Bill Act (enacted July 4, 2025) makes several changes that affect how nonprofits raise funds, pay leaders, report to …

Aug 18th, 2025
News
Industry Updates

New and Proposed Auditing Standards

Group Audit Standards SAS 149: Group Audits Effective for periods ending on or after December 15, 2026. Key changes Builds a clearer framework for planning and performing group …

Aug 13th, 2025
New and Proposed Auditing Standards

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