Archive: NFP

Greg Plotts and Will Donahue to Lead Boot Camp Sessions at Nonprofit Finance & Grants Summit

The Nonprofit Finance & Grants Summit included a third-day intensive boot-camp! This boot-camp (eligible for CAE and CPE credits) led by Greg Plotts and Will Donahue of Aronson’s Nonprofit & Associations Practice highlighted two sessions: Remote Control: Establishing & Maintaining Effective Internal Controls in a “Stay at Home” Environment and Frauditing: Preventing and Detecting Fraud […]
September 16, 2020

The Impact of Section 889 on Federal Grant Recipients

On August 13, 2020, the Final Guidance added part 2 CFR 200.216 to align regulations for grant recipients with Section 889 of the John S. McCain National Defense Authorization Act (NDAA). What this means is that if your organization is a federal grant recipient, you can no longer use federal funds to procure certain Chinese telecommunication equipment, video surveillance equipment systems, […]
August 20, 2020

BREAKING: Changes to Uniform Guidance Released

On August 13, 2020, Final Guidance was issued in the Federal Register titled Guidance for Grants and Agreements which includes the much-anticipated changes to the Uniform Guidance from the Office of Management and Budget (OMB). The Final Guidance is a lengthy document located here. A large portion of the document relates to defining or redefining terms and adding […]
August 17, 2020

How to Ensure Your Procurement Policy is in Compliance

Procurement is always a hot topic that raises a lot of questions for federal grant recipients. The Compliance Supplement Part 3, Section I is a good place to start. Some of the basic guidelines under Uniform Guidance include the following: “Recipients must establish procedures to ensure that materials and services are obtained in an effective […]
August 6, 2020

Rob Eby and Will Donahue to Speak at FAR August Webinar – 20/20 Vision: Political Activity For Associations, Nonprofits and PACs In the Upcoming Election Cycle

Many associations and nonprofits are put at risk because of a lack of knowledge and formal training in the management of their political action. Experts Rob Eby and Will Donahue of Aronson’s Nonprofit & Associations Services Group as served as panelists at FAR’s August webinar. This presentation explored strategies for political action, management and oversight […]
August 4, 2020

Greg Plotts Co-Moderates Association Peer Group’s Presidential Forum

Aronson partner Greg Plotts co-moderated the Association Executives Peer Group’s Virtual Presidential Forum. The roundtable discussion titled “The Return of In-Person Conferences/Events” covered topics such as: What is your association doing for the remainder of 2020 and in 2021? Legal, insurance, and financial considerations. Each Association Executive in attendance was able to contribute regarding the […]
July 30, 2020

Greg Plotts and Carol Barnard to Host ‘2020 Compliance Supplement – What You Need To Know’ Webinar

Calling all nonprofits! Join Aronson’s nonprofit experts Greg Plotts, Partner, and Carol Barnard, Director, on July 22nd for their session as a part of a two-day virtual advanced federal grants forum. During their session, Greg and Carol will walk through the new 2020 Compliance Supplement and highlight new changes made by the Office of Management […]
July 22, 2020

Greg Plotts to Speak at Managing Your Grants During the COVID-19 Pandemic Townhall

Aronson partner Greg Plotts, spoke alongside other nonprofit specialists at the COVID-19 Pandemic Townhall session: As a Grantee, What Do I Need to Know About CARES Act Funding?  This event was apart of Thompson Grants’ Managing Your Grants During the COVID-19 Pandemic, A Town Hall Event. The CARES Act was the nation’s largest emergency relief […]
July 16, 2020

OMB Issues COVID Impact Update on Federal Awards

On June 18, 2020, the Office of Management and Budget (OMB) issued a new memorandum, M-20-26 Extension of Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID–19) due to Loss of Operations, that extends certain flexibilities outlined in previous memorandums as part of the COVID-19 pandemic response. […]
June 23, 2020

FASB Defers Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842)

As a result of COVID-19, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2020-05. The ASU provides the option to defer the revenue recognition standard (Topic 606) for one year or to annual reporting periods beginning after December 15, 2019. The option is available for nonpublic entities that have not yet […]
June 8, 2020