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...
CEO Nightmares

CEO Nightmares

“Uneasy lies the head that wears a crown.” If you’re a business owner, chances are you’ve had your fair-share of sleepless nights, worrying and wondering about what may be lurking in the shadows, ready to derail your fortunes. In keeping with the spirit of the season,...

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OPWDD Rate Update

OPWDD Rate Update

A systemic error has been identified in the calculation of draft Supervised and Supportive IRA rates that were distributed for the July 1, 2017 year. See below for the notification directly from OPWDD. We’ll keep you posted as new rates are posted and updated. The...

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FASB Update Implementation Guidance

FASB Update Implementation Guidance

The Financial Accounting Standards Board (FASB) is the private institution responsible for promulgating accounting standards generally accepted in the USA (GAAP). In short, the FASB sets the standards that we all must follow when presenting GAAP-basis financial...

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New IRS Debt Collection Efforts

New IRS Debt Collection Efforts

The IRS, reeling from recent budget cuts, has contracted with four private debt collection agencies collect overdue tax liabilities on the IRS’s behalf. Starting this upcoming Spring, these agencies will be seeking repayment of overdue tax liabilities that the IRS is...

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OPWDD Fiscal Review Guidelines

OPWDD Fiscal Review Guidelines

The New York State Office for People with Developmental Disabilities (OPWDD) has established internal goals to perform a Limited Fiscal Review (LFR) of each of its funded agencies on an annual basis. The objectives of an LFR are generally to (1) assess an...

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