Charitable giving is appreciated at every level. Any time an individual gives, no matter the amount, it is a precious gift. Some donors may be in a position to give to a nonprofit they are passionate about. In this case, a donor advised fund (DAF) might be an effective way to maximize their gifts. Donor […]
Sending a thank you note after receiving a charitable gift to your nonprofit seems like a simple, but polite, way to recognize a donor. In reality, this acknowledgement is an extremely important piece of the donor/nonprofit relationship. More Than Thank You A thank you note is truly more than just a thank you. The IRS […]
Looking at Leases with Molly Stinn: A Six-Part Series Molly Stinn, CPA, is an Equity Director at the firm. The new lease standard presents sweeping changes in the way we think about and record leases in our financial statements. Previous blog posts have discussed elements of the new standards specifically. Understanding the impact of the […]
Looking at Leases with Molly Stinn: A Six-Part Series Molly Stinn, CPA, is an Equity Director at the firm. FASB ASC 842, Leases, otherwise known as the new lease standard, requires many changes in how we account for leases. The biggest impacts of the new standard will be (a) felt on the balance sheet as […]
Looking at Leases with Molly Stinn: A Six-Part Series Molly Stinn, CPA, is an Equity Director at the firm. The new lease standard has revolutionized the way we report operating leases. By definition under the new lease standard, an operating lease is “an agreement that has an identified asset and a right to control the […]
