Assurance / Audit

Webinar Recap – Application of the New Revenue Standard

This webinar entitled “Application of the New Revenue Standard,” was originally produced on Thursday, June 15, 2017. We hope that you enjoy the full recording of the presentation and additional resources offered below. This webinar was hosted by McKonly & Asbury Partner Janice Snyder and Partner Dan Sturm. This webinar provided a summary of key points […]

Webinar Recap – Nonprofits & Fraud: Protecting the People You Serve

This webinar entitled “Nonprofits & Fraud: Protecting the People You Serve,” was originally produced on Thursday, May 25, 2017. We hope that you enjoy the full recording of the presentation and additional resources offered below. This webinar was hosted by McKonly & Asbury Partner Janice Snyder and Principals, Jim Shellenberger and David Hammarberg. This presentation highlighted […]

Office of Management and Budget Extends Uniform Guidance Procurement Grace Period

On May 17, 2017, the Office of Management and Budget (OMB) issued an amendment to the Uniform Guidance whereby the grace period for implementing the procurement standard changes has been extended by another year. The procurement standards are one of the more significant changes to come from the Uniform Guidance, introducing more defined policies and […]

Webinar – Application of the New Revenue Standard

McKonly & Asbury is pleased to announce our next webinar entitled “Application of the New Revenue Standard.”  This webinar will take place on Thursday, June 15th, 2017. This webinar will be hosted by McKonly & Asbury Partner Janice Snyder and Partner Dan Sturm. This webinar will provide a summary of key points of the new revenue […]

Webinar – Nonprofits & Fraud: Protecting the People You Serve

McKonly & Asbury is pleased to announce our next webinar entitled “Nonprofits & Fraud: Protecting the People You Serve.”  This webinar will take place on Thursday, May 25th, 2017. This webinar will be hosted by McKonly & Asbury Partner Janice Snyder and Principals, Jim Shellenberger and David Hammarberg. This presentation will highlight statistics for security and […]

Net Operating Losses of Nonprofits Are Under IRS Scrutiny

As more nonprofit organizations look for multiple sources of revenue generation to fund their missions, reporting unrelated business income and net operating losses is getting a closer look by the IRS. A nonprofit organization that has unrelated business deductions that exceed its unrelated business income for a tax year has a net operating loss (NOL) […]

FASB Releases Significant Not-for-Profit Financial Reporting Updates

The Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 on August 18, 2016, which is considered the most significant change to Not-For-Profit Financial reporting in over two decades. This update addresses various financial reporting changes and requirements, primarily related to the five categories of: Net Asset Classification Investment Return Expenses Liquidity and Availability […]

McKonly & Asbury’s Nonprofit Conference: Pathways to Excellence on October 31

Register today for McKonly & Asbury’s Nonprofit Conference: Pathways to Excellence! Our firm’s Nonprofit Team invites you to join us for this conference focused specifically on addressing the unique needs of the nonprofit sector. This year’s conference will discuss current trends, updates, and tools nonprofits need to know. DETAILS: Date – Monday, October 31, 2016 Time – 8:00am – 12:00pm […]

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