Last Call for Lease Accounting

The updated lease accounting standard is currently in effect for private companies. After several postponements during the pandemic, the Financial Accounting Standards Board (FASB) voted unanimously to move forward with the changes. That means private companies and...

How to Cut Costs Instead of Your Nonprofit’s Staff

When the COVID-19 pandemic forced lockdowns in Spring 2020, many nonprofit organizations initially resisted laying off employees. Retention tax credits provided under the CARES Act helped. But nonprofits that are still struggling may think they have no choice but to...