Nonprofit CPA Firm

The AICPA Introduces the Not-for-Profit Certificate Program

As described in our earlier blog “The AICPA Introduces the Nonprofit Membership Section,” the AICPA has broadened their membership requirements for non-CPA associates and added a not-for-profit (NFP) section which allows non-CPAs to join the AIPCA and have access to numerous NFP resources. In an effort to strengthen this new NFP section, the AICPA recently launched the NFP Certificate Program.

Charity Navigator - Nonprofit CPA Firm

Back to School with Charity Navigator

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.

Sales Proceeds of Donated Assets – The FASB Duck Test

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.