On March 16, 2020, Florida Governor Ron DeSantis activated the Florida Small Business Emergency Bridge Loan Program. This action will provide short-term, interest-free loans to small businesses that have been [...]
We recently discussed ASU 2018-08, which addresses procedures to account for contributions and exchanges. Our previous article covered whether a transaction is a contribution or exchange. In this piece, we’ll [...]
Most nonprofits know they need to document how their grant funding is used. And while there were previous rules from multiple sources, CFR (Uniform Guidance) brought them together—streamlining and consolidating [...]
Collegiate athletics programs are used to being in the public spotlight, with coaches, student-athletes and team performance featured in the media every day. Financial information is not exempt from this [...]
The Governmental Accounting Standards Board (GASB) has issued Implementation Guide No. 2019-3 to clarify and elaborate on the requirements of Statement No. 87, Leases. Statement 87, released in June of [...]
The Governmental Accounting Standards Board (GASB) recently issued a new implementation guide regarding standards on accounting and financial reporting for fiduciary activities. Implementation Guide No. 2019-2, Fiduciary Activities, is a [...]