Blog
Don’t Be A CF-NO: How Nonprofit CFOs Can Collaborate With Senior Leadership
By Laurie De Armond, CPA, and Adam Cole, CPA In a recent insight, we explored the concept of “Nonprofit Heart, Business Mindset”–which, put simply, is the belief that nonprofit organizations…
FASB Issues Asu 2019-03, Updating The Definition Of Collections
By Lee Klumpp, CPA, CGMA The Financial Accounting Standards Board (FASB or the Board) issued Accounting Standards Update (ASU) 2019-03, Updating the Definition of Collections, to address the issue that…
Top 10 Trends in The Nonprofit Industry
By Laurie De Armond, CPA and Adam Cole, CPA The nonprofit industry is anything but static. Many outside factors impact their daily operations. Following is a list of what we…
Nonprofits Staying Competitive With Incentive Pay
Nonprofits are increasing incentive pay opportunities to attract and retain senior management. This article discusses incentive pay in the nonprofit industry and how nonprofit organizations are leveraging the power of…
Strategy and Nonprofits
Nonprofit organizations struggle to develop a strategy that is mission-oriented rather than profit-oriented. This article discusses three critical questions nonprofits need to answer when developing a nonprofit strategy. To view…
Diversifying a Nonprofit Board
Nonprofits must aim to diversify their boards in order to have a better understanding of the communities they serve and effectively make decisions. This article discusses ways nonprofits can think…