May 7, 2021 Liabilities for Unused Time Off Mount as Pandemic Lingers President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
May 7, 2021 Receivables May Be a Source of Cash in Tough Times President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
May 6, 2021 Do You Know the New Accounting Rules for Gifts in Kind? President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
April 30, 2021 Minimize the Need to Make Year-End Financial Adjustments President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
April 30, 2021 Accounting for Business Combinations President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
April 5, 2021 Nonprofits: Heed These Financial Danger Signs President Biden signed the American Rescue Plan Act. Are you eligible to receive direct payments under the new law that … Read More
March 5, 2021 How To Compute Your Company’s Breakeven Point Your breakeven point is a helpful management tool. To calculate breakeven, you just need your company’s income statement and a … Read More
February 22, 2021 It May Be Time To Tune Up Your Nonprofit’s Accounting Function Many organizations get stuck in procedural ruts because it’s easier in the short term to continue doing things the way … Read More
February 6, 2021 Accounting For Property, Plant and Equipment Assets Businesses and not-for-profit entities capitalize machines, furniture, buildings, and other property, plant and equipment (PPE) assets on their balance sheets. … Read More
January 6, 2021 Valuing Noncash Donations: A Cheat Sheet Many not-for-profits experience a flood of last-minute donations at the end of the year. Although cash is easy to value, … Read More
December 11, 2020 How COVID-19 Could Impact Year-End Inventory Counts Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still … Read More
November 26, 2020 Using Footnotes To Disclose Your Nonprofit’s financial Information Does anyone actually read footnotes? If they’re financial statement footnotes, the answer is usually “yes.” Footnotes can provide donors, governmental … Read More
