By Nonprofit Practice Leaders | September 13, 2017

After Hurricane Devastation, IRS Outlines Ways to Assist

Hurricanes Harvey and Irma have wreaked havoc on the lives of thousands of Americans, leaving many looking for ways to assist those in need and achieve favorable tax treatment. The IRS has maintained historical guidance and made recent announcements that provide guidance for those individuals and employers looking to assist victims.


By Andrea Wilson | August 14, 2017

Good News for Stragglers: OMB Issues a Uniform Guidance Procurement Grace Period Extension

If you still need to update your procurement process to get compliant with the OMB’s Uniform Guidance—or if the changes you already made have given rise to new challenges—there’s good news for you. In May, the OMB implemented an additional grace period of one fiscal year for...


By Kristy VanderMolen | August 02, 2017

How to Create and Use Tribal Governments’ Financial Statements: New Guide

Tribal governments in the United States face unique challenges when it comes to financial reporting. Historically, accounting best practices haven’t taken these into account.


By Tammy Ricciardella | July 26, 2017

Regulation Roundup – New Updates from the OMB

Recent announcements from the Office of Management and Budget (OMB) offer important information on the grace period for implementing Uniform Guidance procurement standards and the release of the 2017 Compliance Supplement. Read on for details.


By Nonprofit Practice Leaders | July 20, 2017

The Summer 2017 Nonprofit Standard Newsletter is Live!

For the latest news on nonprofit governance, M&A, and privacy issues, read the Summer edition of the Nonprofit Standard newsletter.


By Nonprofit Practice Leaders | July 13, 2017

Listen to our Annual Nonprofit Accounting and Auditing Update

Are you up to speed on the FASB and AICPA projects that could impact the nonprofit sector? Join us on Tuesday, July 25 at 1 pm EST, for our Annual Accounting and Auditing Update.


By Adam B. Cole | July 06, 2017

A Nonprofit Liquidity Crisis is Brewing

Nonprofit federal and state funding could be on the chopping block—and few organizations have enough operating reserves to fall back on. Data from Nonprofit Standards, our first annual nonprofit benchmarking survey, provides insight into the sector’s brewing liquidity crisis.


By Tammy Ricciardella | June 28, 2017

Part Three – A Deeper Dive into ASU 2016-14 Implementation Issues

In part three of a blog series on FASB Accounting Standards Update (ASU) 2016-14, Not for Profit Entities (Topic 958): Presentation of Financial Statements of Not for-Profit Entities, Tammy Ricciardella reviews changes to the reclassification of assets after donor-imposed...


By Nonprofit Practice Leaders | June 16, 2017

Webinar: International Tax Issues—Nonprofits Doing Business Abroad

Interested in learning more about foreign taxation risks for nonprofits? Join our webinar on June 27 from 1-2 p.m. EDT for a comprehensive look at international tax considerations for exempt organizations.