News & Insights

Is That a Lease? A Focus on Nonprofit Lease Considerations under ASC Topic 842

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While Accounting Standards Codification (ASC) Topic 842 is applicable to all entities, the adoption of the new leasing standard by nonprofit organizations is bringing into focus some unique considerations that […]

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Stolen Faith: How Internal Control Reviews Could Save Your Religious Institution from Fraud

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By: Gary Loew   Theft is as old as time. There have been documented instances of people taking things that were not theirs for as long as there have been […]

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President Biden’s Proposed Budget Includes Notable Tax Provisions

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President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget, which aims to cut the deficit by nearly $3 trillion over 10 years, includes numerous […]

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MI Nonprofit Relief Fund Supports Nonprofits Facing Hardships Due to the COVID-19 Pandemic

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Michigan’s nonprofits who are struggling with the negative impacts and hardships of the COVID-19 pandemic can now take the first step to receive much-needed funding from the $35 million MI […]

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Corporate Compliance Monitorships: The Need for Data Analytics

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Corporate compliance monitorships are on the rise. The U.S. Department of Justice (DOJ) is pursuing compliance with renewed vigor. Updated DOJ guidance on regulations such as the Foreign Corrupt Practices […]

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