Matthew Burke

The Role of Data Analytics in Nonprofit Decision-Making

Nonprofit organizations, driven by their altruistic missions, often grapple with multifaceted challenges in achieving their goals. In today’s era of data abundance, the role of data analytics in nonprofit decision-making has surged in importance. Data analytics offers...

Nonprofit Technology Trends to Watch in 2024: Navigating the Digital Frontier

In the fast-paced world of nonprofits, staying ahead of technology trends is essential for organizations striving to make a lasting impact. As we approach 2024, several key technology trends are set to shape the nonprofit sector, influencing everything from...

Current Expected Credit Loss – Business

Is anyone else tired of the accounting regulations constantly changing? In the past few years, we’ve had to deal with an overhaul of revenue recognition rules, “clarifying” (confusing) defined benefit plan pronouncements, enhanced disclosure requirements for many...

Important OMIG Update: August 2023

Important Update! The Office of the Medicaid Inspector General (OMIG) has updated its Self-Disclosure Program to offer two reporting pathways for Medicaid entities to address overpaid funds.

Current Expected Credit Loss (CECL) – Construction

Is anyone else tired of the accounting regulations constantly changing? In the past few years, construction companies have had to deal with an overhaul of revenue recognition rules, “clarifying” (confusing) defined benefit plan pronouncements, enhanced disclosure...

Current Expected Credit Loss (CECL)

Is anyone else tired of the accounting regulations constantly changing? In the past few years, nonprofits have had to deal with an overhaul of revenue recognition rules, “clarifying” (confusing) contributions pronouncements, enhanced disclosure requirements for...

30 Years of Connecting with Cerini & Associates, LLP

Celebrate Cerini & Associates, LLP's 30th Anniversary with Ken Cerini, Founder & Managing Partner! Today, we celebrate a milestone: the 30th Anniversary of Cerini & Associates, LLP. From a humble garage start-up to a leading firm with seven partners and...

New York State Forward Loan Fund 2

In an effort to support the economic recovery and revitalization of businesses in New York State, Governor Kathy Hochul announced the launch of the New York Forward Loan Fund 2. This program allocates $150 million to provide flexible loans to eligible businesses for...

NFP Update 2023 Part IV Track A: Nonprofit Accounting Update

2023 Nonprofit Update Part IV Track A Nonprofit Accounting Update Cerini & Associates, LLP, a leader in providing accounting, auditing, and consulting services to nonprofits, held their virtual 2023 annual Nonprofit Update conference on July 28, 2023. The world...

Nonprofit Succession Planning

Succession planning is an essential process for any business, including non-profit organizations. It is the process of identifying and developing internal talent to fill key leadership positions when they become vacant due to retirement, resignation, or any other...
Nonprofit Succession Planning

Nonprofit Succession Planning

Succession planning is an essential process for any business, including non-profit organizations. It is the process of identifying and developing internal talent to fill key leadership positions when they become vacant due to retirement, resignation, or any other...

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Board Training Webinar – Part III

Board Training Webinar – Part III

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...

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Board Training Webinar – Part II

Board Training Webinar – Part II

Ken Cerini and Matthew Burke held Part 2 of an informative webinar on Board training. In this Webinar they covered: – Being Proactive/Strategic Thinking – Succession Planning – Managing RiskABOUT OUR SPEAKERS Ken Cerini, CPA, CFP, FABFA Managing Partner Ken is the...

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Nonprofit Financial Analysis

Nonprofit Financial Analysis

Nonprofit organizations are misunderstood for many reasons. one of which is inherent to their predominant label: “nonprofit.” The word simply refers to an organization without profits, which is not entirely accurate. A clearer general term for a member of this sector would be “tax exempt organization,” since the organization would be exempt from paying income taxes.

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Lease Accounting – Business

Lease Accounting – Business

BACKGROUND For many businesses, their largest non-labor cost is facilities. There has always been some disparity in the comparability of financial statements between companies, as some own their facilities while others rent. Several years ago, the Financial Accounting...

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MEGA-SIZED NEW HEALTHCARE ENTRANTS

MEGA-SIZED NEW HEALTHCARE ENTRANTS

Money attracts more money. It’s no secret. It should come as no surprise then that the $4.1 trillion (yes, trillion) American healthcare industry is now in the crosshairs of the world’s largest and most profitable companies, each of whose stock is worth north of $1...

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BEWARE NEW LEASE ACCOUNTING RULES…

BEWARE NEW LEASE ACCOUNTING RULES…

The accounting world is never dull, despite what outward appearances and unfair stereotypes may lead one to believe. The Financial Accounting Standards Board (FASB) continually strives to improve the transparency, usefulness, and understandability of financial...

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Shuttered Venue Operators Grant

Shuttered Venue Operators Grant

The Shuttered Venue Operators Grant (SVOG) program was established to aid venues, performing arts centers, museum operators, movie theaters, and similar organizations affected by the COVID-19 pandemic. This program includes over $16 billion to be distributed by the...

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