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The New FASB Lease Standard – Resources List
We simplified first-time transition and continuing considerations for recording lease activities. We explored the choices available in applying this guidance, what data to gather in preparation, and how to tell your financial story, including this new financial statement presentation.
Expense Reports
Does anyone have a copy of their policy? What they’ll pay for and what they won’t pay for? Please let me know. I’ll be glad…
Has new individual donor landscape changed your financial infrastructure? HOW?
As this article Analyzing Fundraising in an Uncertain Economy — in 5 Charts (philanthropy.com)yesterday in the Chronicle of Philanthropy reinforces, the landscape of individual donations…
Implementing the new lease accounting standard – your experience
Good Morning Everyone! Yesterday, Gina McDonald led a very informative webinar surrounding the new FASB standard for lease accounting. The recording and slides will soon…
Reply To: Net Assets & Restrictions
Hi Caroline….thanks for coming to the Forum! In a Statement of Activities presented in accordance with GAAP, the release of restricted revenues is a reclass…
Net Assets & Restrictions
What are the effects of releasing restricted net assets on the Profit and Loss statement and Balance sheet? Is releasing restricted assets classified as income?
Reply To: How do economic realities impact revenues?
Holly: I don’t think you’ll find this. It’d take some lifting by researchers, and I don’t think there are either thorough or quick/dirty takes on…
Reply To: How do economic realities impact revenues?
Does anyone know of a resource that tracks nonprofit use of each business model? I’m curious about what proportion of nonprofits rely on a membership…
Reply To: Best Budget ing software for Nonprofit Organizations and why?
We have used Excel/Google Sheets for many years for budgeting (Quickbooks for accounting). We create an operating budget (very detailed) and a capital expenditures budget…
Reply To: Best Budget ing software for Nonprofit Organizations and why?
We’re using Budgyt.com and it’s ok. Setting it up was a mess, but now that it’s running its pretty seamless. A good price point for…