News & Insights

Build a More Resilient Nonprofit with Revenue Diversification

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When external conditions change — whether due to economic shifts, policy adjustments or evolving donor priorities — nonprofits that depend on one or two funding sources often face greater financial […]

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Cash vs. Accrual: Choosing the Right Accounting Method

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Many small business owners start with simple accounting processes. But as their companies grow, the choice of accounting method can significantly impact taxes, financial reporting and access to financing. Understanding […]

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GASB 104 – Disclosure of Certain Capital Assets

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GASB Statement No. 104, Disclosure of Certain Capital Assets, is effective for fiscal years ending June 30, 2026. This Statement requires additional note disclosures for certain types of capital assets, […]

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GASB 103 – Financial Reporting Model Improvements

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GASB Statement No. 103, Financial Reporting Model Improvements, is effective for fiscal years ending June 30, 2026. This Statement updates several aspects of the governmental financial reporting model, including Management’s […]

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GASB 101 & Uniform Guidance Updates

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GASB 101 – What to Expect in Year After Implementation? GASB 101 calculations will generally roll forward from the prior year unless there are changes in employee contracts, payout rules, […]

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