Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]
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On July 1, 2019, the Taxpayer First Act of 2019 (the “Act”) was signed into law. The law is generally intended to improve customer relations with the Internal Revenue Service […]
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Electronic announcements May 3, 2019 and May 24, 2019 Colleges and universities who participate in the Federal Perkins Program are no longer able to award or disburse new Perkins Loans. […]
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The recent Accounting Standards Update (No. 2016-14) issued by the Financial Accounting Standards Board on the Presentation of Financial Statements of Not-For-Profit Entities has increased awareness of liquidity in not-for-profit […]
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If you are a current user of QuickBooks Online (QBO), you may have received an offer of a trial version of QBO Advanced or you may have received a notice […]
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Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]
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As of January 1, 2019, the Internal Revenue Service (IRS) has stopped mailing lists of parent and subsidiary accounts to organizations with a group ruling. In the past, the IRS […]
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Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]
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The length of the current economic expansion, coupled with recent volatility in the economy and the financial markets serve as a reminder that organizations need to keep a long-term view […]
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Not-for-profit board members are responsible for providing guidance and direction to ensure that a given organization is proactively working towards achieving its mission and strategic vision. Part of this responsibility […]
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Entity-owned pharmacies are an important consideration for hospitals, community health centers, and other 340B grantee types. As retail pharmacy closures rise and the complexities of the 340B Drug Discount Program […]
By Joel Barnett, Technical Account Executive at Blue Pioneer Consulting and Holly Fields, CPA, Senior Manager at Blue & Co. Not-for-profit organizations handle sensitive data every day, which make them […]
By Doug Sandor, Senior Accountant and Chad Nieter, CPA, Senior Manager at Blue & Co. Cryptocurrency, a digital asset powered by cryptography for enhanced security, has revolutionized modern finance and […]
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