Lauren Grandinetti

Inflation Reduction Act Clean Energy Tax Credits for Tax-Exempt Entities

The Inflation Reduction Act of 2022 (“IRA”) offers various tax credits to incentivize individuals, businesses, and tax-exempt organizations alike to transition to clean energy sources. While tax credits are a great incentive for tax-paying individuals and businesses,...

Tips for Effective Board Leadership

Building a strong non-profit organization requires effective leadership, starting with the board of directors. The board of directors is tasked with providing strategic direction to the organization and ensuring the organization is operating in accordance with its...

Audits of Non-Profit Organizations – Cerini Short

Audits of Non-Profit Organizations Cerini Short In this short, Lauren Grandinetti, Supervisor discusses nonprofit audits and how to prepare for one.

How to Determine if Your Nonprofit Needs an Audit

Nonprofit organizations play a crucial role in providing services and support to communities and individuals in need. As a nonprofit leader, it is essential to ensure that your organization is financially stable and transparent to donors and stakeholders. One...

OMH Memorandum: Reporting PPP Loan Forgiveness within the CFR

The United States federal government established several programs in 2020, through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), to provide fiscal support to businesses that were negatively impacted by the COVID-19 pandemic. One such program, the...

The Potential Benefits of Consumer Driven Health Plans

As healthcare costs continue to rise, your company may be seeking alternatives to minimize the financial strain. One effective cost management strategy is to expand your company’s health insurance offerings to include a consumer-driven health plan (CDHP) and to promote education and awareness about the benefits of enrollment in CDHPs to its employees.

Cerini & Associates, LLP Announces Multiple Promotions and New Hires 2018

FOR IMMEDIATE RELEASE Cerini & Associates, LLP Announces Multiple Promotions and New Hires February 26, 2018 – Bohemia, NY – Cerini & Associates, LLP, Certified Public Accountants, today announces multiple promotions and new hires to further its commitment to...

OPWDD, OMH, OASAS, and SED CFR Update

Revisions to the New York State Consolidated Fiscal Report (CFR) for the July 1, 2016 to June 30, 2017 year have been made and released by New York State. For a complete list of revisions, updated manuals, and approved software, please click here. What follows are...

Accounting Standards Update (ASU) 2015-01 – Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items

In 2015, the Financial Accounting Standards Board (FASB) issued an ASU that eliminated the presentation of extraordinary items in income statements. The ASU has been in effect since 2016, but, in practice, we’re seeing that many entities are unaware of this ASU. In...

New Law Allows New York Article 28 Clinics to Provide Off-Site Primary Care Services

Governor Andrew Cuomo recently signed a bill into law that allows Article 28 diagnostic and treatment centers (D&TC) and outpatient clinics of general hospitals (clinics) to provide off-site services to patients in certain circumstances. The law amends Public...
Tips for Effective Board Leadership

Tips for Effective Board Leadership

Building a strong non-profit organization requires effective leadership, starting with the board of directors. The board of directors is tasked with providing strategic direction to the organization and ensuring the organization is operating in accordance with its...

read more
How to Determine if Your Nonprofit Needs an Audit

How to Determine if Your Nonprofit Needs an Audit

Nonprofit organizations play a crucial role in providing services and support to communities and individuals in need. As a nonprofit leader, it is essential to ensure that your organization is financially stable and transparent to donors and stakeholders. One...

read more
The Potential Benefits of Consumer Driven Health Plans

The Potential Benefits of Consumer Driven Health Plans

As healthcare costs continue to rise, your company may be seeking alternatives to minimize the financial strain. One effective cost management strategy is to expand your company’s health insurance offerings to include a consumer-driven health plan (CDHP) and to promote education and awareness about the benefits of enrollment in CDHPs to its employees.

read more
OPWDD, OMH, OASAS, and SED CFR Update

OPWDD, OMH, OASAS, and SED CFR Update

Revisions to the New York State Consolidated Fiscal Report (CFR) for the July 1, 2016 to June 30, 2017 year have been made and released by New York State. For a complete list of revisions, updated manuals, and approved software, please click here. What follows are...

read more