Thousands of CPAs work in the not-for-profit sector, and thousands more volunteer as members of the governing boards of not-for-profit organizations. There is little in…
Sweet (and Sour) Charity
Examining the Deductibility of Unreimbursed Charitable Expenditures
Taxpayers who give to charitable organizations may be rewarded by a reduction in the amount of federal and state income taxes they pay. Some charitable…
Over the years, there has been much confusion about whether to treat certain types of transactions as contributions or as exchanges, especially when they involve…
The Reporting Impact of ASU 2016-14
Painting the Picture from a Nonprofit’s Financial Perspective
In Brief The nonprofit landscape has changed significantly over the past 26 years, expanding in size and scope while facing new challenges and keeping up…
Not-for-profit organizations continue to face an ever-evolving and challenging landscape. Executives and audit committees must deal with concerns ranging from attracting and retaining donors and…
A Unique Gift-in-Kind Promotional Opportunity for Not-For-Profits
Public Service Announcements
In Brief In 2014, according to Nielsen Media Research, broad-cast stations donated more than $2 billion of free air-time to air public service announcements. The…
This issue focuses on accounting, auditing, taxation, and management issues specific to the not-for-profit and government sectors. Although these entities present unique challenges to the…
ICYMI—The Reporting Impact of ASU 2016-14
Painting the Picture from a Nonprofit’s Financial Perspective
In Brief The nonprofit landscape has changed significantly over the past 26 years, expanding in size and scope while facing new challenges and keeping up…