PPP Revisions Target Smallest Businesses

PPP Revisions Target Smallest Businesses

The Biden administration has announced several reforms to the popular Paycheck Protection Program (PPP) to bring greater relief to the smallest and most vulnerable businesses. Among other things, the administration is imposing a two-week moratorium on loans to...
Reporting Restricted Cash

Reporting Restricted Cash

Your company’s financial statements should be transparent about any restrictions on cash. Are your reporting practices in compliance with the current accounting guidance? The Basics Restricted cash is a separate category of “cash and cash equivalents” that isn’t...
Tune Up Your Nonprofit’s Accounting Function

Tune Up Your Nonprofit’s Accounting Function

Many organizations get stuck in procedural ruts because it’s easier in the short term to continue doing things the way they’ve always been done. But it generally pays to regularly review your nonprofit’s accounting function for inefficiencies and oversight gaps. You...