Advisory
What are Donor-Imposed Conditions?
Donors can impose two different types of stipulations on contributions provided to nonprofits, restrictions and conditions. While donor-imposed restrictions specify…
Nonprofit Revenue Recognition: Contribution Vs. Exchange Transaction
In order to apply the correct revenue recognition accounting, nonprofits must consider if a transaction is a contribution or an…
GSA Verified Products Portal (VPP) Implementation
May 17, 2021 – The General Services Administration (GSA) Federal Acquisition Services (FAS) issued a mandatory mass modification, Refresh 6,…
Who Should Your First Accounting Hire Be: Controller, Senior Accountant, or CFO?
Congratulations on successfully establishing your business and beginning operations! Now that you’re up and running, you may be considering your…
The Most Effective Mechanism to Increase Valuations and Expedite the Sales Process is Anticipatory Sell-Side Diligence
When you are ready to sell your business, the two events you want to avoid are unexpected / unreasonable reductions…
Firm Mattresses? Yes. Firm Financials, Not So Much
Steinhoff International Holdings NV (Steinhoff), which owns well-known mattress retailer Mattress Firm, was recently recognized as one of the worst…
Reducing Capital Gains by Creative Use of SMLLCs and Installment Notes
A popular estate planning technique for estates facing the prospect of incurring federal estate tax has been for a grantor…
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