Not-for-Profit Reporting of Gifts-in-Kind – Accounting Standards Update No. 2020-07
Join GRF’s nonprofit audit experts Ricardo Trujillo, CPA, and Omid Mohebbi, CPA, for a comprehensive webinar on this critical ASU affecting those nonprofits that receive contributed nonfinancial assets. The effective date for the ASU is fast approaching and nonprofits should be fully prepared for the changes and the additional records they will need to keep….
Webinar Series: Indirect Rate Toolkit for Nonprofits with Federal Grants – Part I
If your nonprofit receives funding from a federal grant (either directly or via a sub-award), you should take proactive steps to recover the maximum amount of indirect costs for your organization. Join GRF CPAs & Advisors for a four-part webinar series providing nonprofit organizations with everything they need to know about indirect rates under Uniform…
The R&D Tax Credit: Are You Leaving Money on the Table?
By Patrick Crosby, Tax Supervisor The Research & Development Tax Credit (R&D credit) may hold the record for the most underutilized tax incentive available in today’s business environment. Too often, the R&D credit is overlooked simply because taxpayers are not aware of it or they do not believe that it applies to their businesses because…
Beyond Spreadsheets: Modern Solutions for Budgeting and Planning
By: Jim Norton, CPA Microsoft’s Excel is the undisputed champion among the tools used historically by accounting and finance professionals. While Excel reigns supreme for quick one-off projects and projections, it does not support activities that contribute tremendous value to your organization in the form of strong governance, critical financial management, and enforcing accountability for…
Scalable, Cloud ERP Software Enables Painless Growth
Yardstick is a fast-growth company that’s become an award-winning powerhouse in the highstakes licensure, certification, online training, and psychometric space. As Canada’s leader in online testing and training, the business operates multiple entities across North America, and recently acquired a large publishing house. In order to keep pace with the company’s rapid expansion, Yardstick’s finance…
Bringing Financial Science to the Arts Via 30% More Accurate Program Visibility
San Francisco’s premier performing arts center, Yerba Buena Center for the Arts (YBCA), runs a nonprofit facility that hosts its own cultural programming and offers discounted community rentals for local theaters and artists, as well as commercial rentals. To cover its operating expenses, the organization supplements rental fee income from meetings, conferences, and other special…
Aligning Departments for Common Goals
This post was originally published on the Sage Intacct Blog In the many years working with service-based companies, there have been a number of common themes around an ‘us vs. them’ mentality within the office. In most cases, department goals and incentives are the root cause of these conflicts. Sales and marketing teams are pressured…