March 2022 Cerini Connection Topic: Effective Leadership Now, more than ever, effective leadership is important. With the hybrid work environment we currently work under, people are experiencing less connection with their actual employer and more of a connection with...
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.
Beyond the Donation: Nonprofit Accounting and Board Governance Explained, an interview with Ken Cerini
Guest Article: 3 Donor Retention Strategies to Boost Engagement and Giving
Guest Article: Streamline Nonprofit Management by Automating These 5 Areas
The Role of Data Analytics in Nonprofit Decision-Making
How to Account for Joint Costs in Nonprofit Organizations
Inflation Reduction Act: Clean Energy Tax Credits for Tax-Exempt Entities
2024 Nonprofit Trends
Navigating Hiring, Compensation, Succession Planning, and Employee Retention Trends in Nonprofits: Insights for 2024
Nonprofit Technology Trends to Watch in 2024: Navigating the Digital Frontier
What are Key Audit Matters (KAMs)? – Cerini Short
Mar 3, 2022
What are Key Audit Matters (KAMs)? Cerini Short In this Cerini Short, Mahnaz Cavalluzzi, CPA, Manager, explains Key Audit Matters. As part of audit engagements, auditors may be engaged to report on Key Audit Matters (KAMs). The purpose of communicating KAMs is to...
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...
Make Your Nonprofit Audit Proof – C&A and Nonprofit Westchester
Feb 23, 2022
Make Your Nonprofit Audit Proof C&A and Nonprofit Westchester Ken Cerini, CPA, CFP, FABFA, Managing Partner and Shari Diamond, CIA, Partner of Cerini & Associates, LLP gave tips on how to make your nonprofit audit proof. This webinar was moderated by Nonprofit...
Guest Article: Addressing Diversity, Equity, and Inclusion
Feb 21, 2022
Every organization, whether nonprofit or for-profit, is influenced by structural racism. Every organization, therefore, has a responsibility to address diversity, equity, and inclusion. Structural racism is the historical and ongoing racial discrimination,...
Lease Accounting – Nonprofits
Feb 21, 2022
Background For many nonprofits, the largest non-labor cost is facilities. For years this has created some disparity in the comparability of financial statements between organizations, as some nonprofits own their facilities while others rent. Several years ago, the...
2022 Nonprofit Trend Report Overview
Feb 21, 2022
As we move deeper into 2022, many of the issues that have impacted the sector in 2020 and 2021 continue to affect us in 2022. The Covid pandemic doesn’t appear to be ending anytime soon, Nonprofits are faced with the Great Resignation, supply shortages, cyber security...
Guest Article: 5 Steps to Developing a Digital Accessibility Playbook
Feb 21, 2022
With accessibility lawsuits on the rise, follow these steps to lower your organization’s risk. Do you truly understand your organizations responsibility to provide accessible digital content for people with disabilities? Digital accessibility is something many...
OMH Memorandum: Reporting PPP Loan Forgiveness within the CFR
Feb 16, 2022
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...