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2018 To-Do List for Nonprofit Finance Leaders


January is finally behind us. The stress of tax filings is over, and hopefully, our software has been updated for all the last-minute tax law changes. Take a breath and relax, you deserve it. Now you can start planning for all the changes in 2018.
Preparing for FASB
One of your primary tasks for 2018 is preparing …

FASB Changes for Nonprofits Take Effect


The Financial Accounting Standards Board (FASB) has officially adopted changes to the reporting of financial information for nonprofit organizations.

The goal of the pronouncement and rules is to make nonprofit reporting more informative related to liquidity, financial performance, and cash flows. The end result is to provide better information and make clearer the limitations placed by …