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The Trusted Professional, an accounting publication, has summarized the highlights of the presentation of David Ashenfarb, CPA, our  Director of Not-for-Profit Services, from the recent Foundation for Accounting Education’s Nonprofit Conference. Click here to read the article. 

David Ashenfarb, Partner and Director of Not For Profit Services has written an article featured in the April 2018 edition of The CPA Journal.  Click title below to read.

Identifying Deficiencies in Single Audits Preparing for the Audit Quality Study

Presentation by Nina Bahazhevska, CPA Senior Manager, Director of Quality Review.  Click title below to view.

Enhancing Single Audit Quality - Addressing Common Errors in Testing and Reporting 

Webinars - over the last year, the not-for-profit sector has undergone major changes to their reporting and procedure requirements. While mandatory implementation is staggered, early implementation of certain standards will make for an easier transition when the pronouncement is mandated. Most notably:

New Accounting Standards of ASU 2016-14

• Part I: Changes for Net Asset Classifications:
• Part II: Liquidity Disclosures, Changes in the Statement of Cash Flows and the Implementation Dates
• Part III: Q & A (recorded after webinar was completed)

If you are required to file a Single Audit report, and have questions regarding the New Uniform Guidance Regulations, click here to view our webinar on the Federal Cost Principals and Administration Requirements of the New Uniform Guidance. 

Please visit our Not-For-Profits Updates  for further information and other important industry related updates.

If you have any questions pertaining to these new regulations, or any other matters relating to nonprofit accounting or industry matters, please contact David Ashenfarb at dash@schallandashenfarb.com or Michael Schall at mschall@schallandashenfarb.com.