FASB, Nonprofit Boards, Budgeting & More

FASB: Going Concern Assessment is Management’s Responsibility

The Financial Accounting Standards Board (“FASB”) recently clarified requirements for management to determine if its company expects to remain in business.

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Seven Nonprofit Finance Tips to Keep Your Board Out of Trouble

Negative publicity can have a chilling effect on donations to a nonprofit. To keep your donations flowing, here are seven nonprofit finance tips to help Board members avoid trouble and bad publicity for their organization.

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What Good is a Budget Without a Plan?

Planning isn’t easy, but a well-constructed plan is an important part of running your organization. Businessman William Feather was quoted as saying that, “A budget tells us what we can’t afford, but it doesn’t keep us from buying it.”

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