not for profit

Building an Effective Audit Committee

October 31, 2018

Your nonprofit’s board isn’t required to form an audit committee — even if your organization is required to conduct audits. Some organizations assign oversight of independent audits to their exe..

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Nonprofit Accounting is Different: Here’s How

October 31, 2018

Carolyn, the executive director of an educational nonprofit, was thrilled, after a long search, to welcome two new members to her charity’s board of directors — both from the for-profit business w..

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New Revenue Guidance Provides Direction to Nonprofits

October 31, 2018

In 2014, the Financial Accounting Standards Board (FASB) issued a new standard on revenue recognition (ASU 2014-09). The ASU was intended to clarify and standardize across various sectors revenue repo..

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After the TCJA: How to Keep the Giving Going this Holiday Season

October 31, 2018

Thanksgiving through the end of the year is traditionally the big fundraising season for nonprofits. In one GuideStar survey, U.S. charities received as much as 50% of their annual donations between O..

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New Jersey Mandatory Paid Sick Leave Law to Take Effect on October 29, 2018

October 10, 2018

On Monday, October 29, 2018, the New Jersey Mandatory Paid Sick Leave Law, originally passed on May, 2, 2018, will officially be put into action. Under this law, all eligible employees are guaranteed ..

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Employee Retention: Keep Them if You’ve Got Them

July 10, 2018

In April, the U.S. unemployment rate fell to 3.9%, its lowest point since December 2000. That’s great for the economy — but not so great for organizations struggling to remain fully staffed. Unfor..

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