Nonprofit organizations often receive financial support from donors, foundations, government agencies, and other entities in the form of contributions and grants. Accounting for these transactions can be challenging, as they may involve complex terms and conditions that affect the timing and amount of revenue recognition.
Contribution Accounting for Recognizing Nonprofit Revenue
Nonprofit organizations often receive financial support from donors, foundations, government agencies, and other entities in the form of contributions and grants. Accounting for these transactions can be challenging, as they may involve complex terms and conditions that affect the timing and amount of revenue recognition.
How to Account for Joint Costs in Nonprofit Organizations
Defined Contribution Plan Audit Requirements: 2024 Update
Navigating the Future: Key Fundraising Trends Shaping Nonprofits in 2024
FOR IMMEDIATE RELEASE: Cerini & Associates, LLP Announces Key Promotions to Drive Continued Growth and Excellence
Nonprofit Collaboration
Preparing for a DOL Audit
Board Training Webinar – Part III
Key Audit Matters (KAMs)
Shuttered Venue Operators Grant
How to Account for Joint Costs in Nonprofit Organizations
Mar 18, 2024
A guide to applying the accounting standards for activities that include both program and fundraising components. What are joint costs and why are they important? Joint costs are the costs of conducting activities that have more than one purpose or function, such as...
Defined Contribution Plan Audit Requirements: 2024 Update
Feb 15, 2024
For plan years beginning on or after January 1, 2023, The United States Department of Labor (DOL), Internal Revenue Service (IRS), and Pension Benefit Guaranty Corporation have announced changes to the form 5500 which impact the methodology for determining the size of...
Navigating the Future: Key Fundraising Trends Shaping Nonprofits in 2024
Feb 7, 2024
As we embark on the journey through 2024, nonprofits are faced with an ever-evolving fundraising landscape, marked by dynamic shifts and emerging trends. In addition to the previously discussed strategies, several other factors will play a crucial role in shaping the...
FOR IMMEDIATE RELEASE: Cerini & Associates, LLP Announces Key Promotions to Drive Continued Growth and Excellence
Jan 16, 2024
Cerini & Associates, LLP Announces Key Promotions to Drive Continued Growth and ExcellenceContact: Kelli-Anne CeriniMarketing ManagerCerini & Associates, LLPP: 631-582-1600 ext. 401E: [email protected], NY – January 16, 2024 – Cerini & Associates,...
Nonprofit Collaboration
Mar 29, 2023
Collaboration is a powerful tool that can help nonprofit organizations achieve their goals and make a real impact in the communities they serve. Nonprofits that collaborate effectively can share resources, knowledge, and expertise, and build strong relationships with...
Preparing for a DOL Audit
Feb 6, 2023
With the Department of Labor (“DOL”)’s recent expansion of audits of employee benefit plans it’s important to consider the various factors that may trigger an audit and whether or not your organization is at risk. While some plans are chosen at random, factors that...
Board Training Webinar – Part III
Jan 19, 2023
Matthew Burke and Mahnaz Cavalluzzi held an informative webinar on Board training. In this Webinar they covered: – Fiscal ViabilityABOUT OUR SPEAKERS Matthew Burke PartnerMatt specializes in providing Cerini and Associates’ diverse array of midsized business clientele...
Key Audit Matters (KAMs)
Mar 2, 2022
As part of audit engagements, auditors may be engaged to report on Key Audit Matters (KAMs). The purpose of communicating KAMs is to provide greater transparency about the audit that was performed and to provide financial statement users with a basis to further engage...