School has officially started across the country, and it looks like students won’t be the only ones who will be graded out of 100 points this year. Charity Navigator, a nonprofit organization that evaluates charities in the United States and compares them to charities with similar causes, recently changed their rating system from a 70-point scale to a 100-point scale.
Author Archives: Casey Hagy, CPA
A wise person once said, “The only thing that is constant in life is change.” This principle lends itself well to the world of nonprofit organizations. A variety of factors cause nonprofit organizations to change.
Have you ever wondered how many nonprofit organizations there are in the United States? Over 1.5 million! Having a strong Board is crucial for the survival of these organizations.
There is a saying that whether we like it or not things must change and this year the format of audit reports are changing as a result of the AICPA’s Auditing Standards Board Clarity Project.
A wise philosopher once said, “If it looks like a duck, swims like a duck, and quacks like a duck, then it is probably a duck.” This keen form of inductive reasoning may have led to a not-so-widely known accounting standard update in 2012.