Accounting & Assurance
Blog: The Hidden Cost of Government Grants
Government grants are a critical source of support revenue for nonprofit organizations. Grant awards exist for a multitude of different types of organizations and allow the organizations to deliver various…
Continue ReadingNew Law Raises NonProfit Audit Threshold in NJ
N.J. Governor Murphy signed legislation that effective immediately raises the threshold at which a nonprofit must undergo an audit from $500,000 to $1 million in gross revenues. It also provides that in-kind…
Continue ReadingPreparing for Revenue Recognition and Lease Accounting Changes
Is your company prepared to implement the upcoming Revenue Recognition changes or the new Lease Accounting Standards? We have prepared a memo to familiarize you with the guidance from the Financial Accounting…
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