Charity Navigator: Encompass Rating System

Posted By Christina Bell, CPA Regardless of the individual mission, every nonprofit share a common goal: to raise awareness and funding to propel its mission forward. And, when prospective donors are determining what charity is most deserving of their various resources, there is perhaps no better asset than Charity Navigator. Charity Navigator, the world’s largest and most-utilized independent nonprofit evaluator, … Continued

Simplifying Debt-Issuance Costs

In April 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-03, Interest: Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs as part of their initiative to reduce complexity in the accounting standards.