There is a new emphasis and an upcoming required change in how your NFP financials will present and disclose gifts-in-kind. Accounting Standard ASU No. 2020-07 has mandated this change. It will be effective for annual periods beginning after June 15, 2021. This Accounting Standard improves transparency for gift-in-kind transactions by requiring the following:
Ready to Tell Your Story? 3 Tips for Impactful Storytelling to Attract and Retain Support for Your Nonprofit
As a nonprofit, it’s important to utilize stories so that donors and supporters feel connected to the mission and can see the impact your organization has in the world.
Accounting software has become a critical resource for business. Learn how to find a solution for yours!
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In this episode, we discuss some questions your for-profit or nonprofit organization should ask an accounting firm before working together.
Let’s have a little fun testing your knowledge of personal finance basics. It is an excellent time to discover your stronger and weaker areas of basic personal finance.