On January 16, 2018, Governor Cuomo presented his 2018/19 Budget Address and discussed the proposed fiscal 2019 budget and its impact on New York State. While his address touched upon various agencies and industries, we’ve outlined below some of his major proposals...
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
OPWDD, OMH, OASAS, and SED CFR Update
Sep 5, 2017
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...
OPWDD Medicaid Transportation Providers: Changes Effective January 1, 2017
Jan 5, 2017
On August 9, 2016, the Department of Health (DOH) issued a memo summarizing changes effecting OPWDD’s Intermediate Care Facilities (ICF/IDDs) and the following Medicaid HCBS Waiver services: site-based day habilitation, site-based prevocational services,...
Improving Profitability in Your Medical Practice
Mar 10, 2016
Running a successful medical practice, whether small or large, goes far beyond giving patients a high level of care. Like any business, there are administrative, legal, financial, and technological needs that should be addressed. All of these take time and money,...
OPWDD’s Transition to Value Based Payments
Feb 9, 2016
Under the current fee-for-service payment structure, volume is incentivized over value. In order to keep volume levels high enough to maintain operations, providers may be delivering a lesser quality of service. This results in higher readmission rates and an increase...
2016-17 Executive Budget Summary
Jan 28, 2016
On January 13, 2016 Governor Cuomo gave his 2016 State of the State and Executive Budget Address where he discussed the proposed fiscal 2017 budget and its impact on New York State. While his address touched upon various agencies and industries, we’ve outlined below...
Rate Correction Deadlines Approaching:
Jan 21, 2016
The deadline to request a rate correction from the New York State Department of Health (DOH) is February 15, 2016 for organizations that received their new rates as of November 16, 2015. If there are errors in the DOH’s rate calculation that results in a change of...