The financial statements of not-for-profit organizations will soon undergo a significant transformation, courtesy of the Financial Accounting Standards Board (FASB). As part of its response to stakeholder feedback to improve…
Recent Insights
Three Intangible Assets That Drive Your Company’s Value
Due to its heavy reliance on assumptions, fair value reporting has often been dismissed as an art, not a science. Thanks to expanded regulatory requirements, improved technical training and certifications…
Nonprofits: Don’t Overlook This Tax-Advantaged Way to Raise Funds
Editor’s note: On April 20, Governor Tom Wolf signed into law Act 15 of 2020. The law addresses a number of critical local and state government issues related to timing,…
The Equifax Hack: How to Protect Your Data
Equifax recently announced that its systems were breached this summer by an unauthorized third party, which gained access to personal information including full names, Social Security numbers, birth dates and…
Upcoming Changes to Improve ERISA Audit Report Quality
Administrators of employee benefit plans (EBP) rely on routine and rigorous third-party audits to help them maintain compliance with applicable federal regulations, so it is critical to ensure that the…