Insights

Jan 13
Upcoming Webinar

Nonprofit Revenue Recognition Webinar

Nonprofit accounting for exchange transactions are difficult. Recent accounting standards such as... more
Blog

Overreliance on Plan Service Providers

We have previously discussed the role of fiduciaries in an employee benefit plan, but now we need... more
December 7, 2021
Blog

Top Audit Findings of the 2021 Plan Audit Season

With the passing of the October 15 calendar year plan 5500 reporting deadline, and the conclusion... more
December 7, 2021
Blog

FASB Issues Update on Lessee Risk-Free Rate Application

The Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2021-09 which... more
November 16, 2021
Past Event

Aronson’s National Church Finance and Operations Conference

Join Aronson for our 2021 National Church Finance and Operations Conference on November 9th! This... more
Blog

Dollar Limits on Compensation and Benefits Announced

The Internal Revenue Service has announced the 2022 cost-of-living adjustments for various limits... more
November 5, 2021
Blog

IRS Issues Guidance on LLC Tax Exemption

The IRS released guidance on how a Limited Liability Company (LLC) can obtain tax exempt status.... more
October 29, 2021
Blog

Understanding Contributed Services

Contributed services are professional services that have been donated by someone outside of your... more
October 18, 2021
Blog

GAAP Accounting for Third Party Reimbursements: Contributions vs. Exchange Transactions

U.S. GAAP accounting for Federal government grants might seem straightforward after the adoption of... more
October 14, 2021
Blog

Noncash Contributions: Donated Goods and Property

Not-for-profit organizations sometimes receive noncash contributions (also referred to... more
September 9, 2021
Blog

Not-For-Profit GAAP: Defining Equity Transfer and Equity Transaction

An equity transfer is a nonreciprocal transfer between related not-for-profit organizations, where... more
August 24, 2021
Blog

What is ESG and why is it important?

ESG or Environmental, Social, and Governance information communicates the social and environmental... more
August 24, 2021