Articles

Summer Reading 2014

Summer is here, which means you may have an opportunity to catch up on your reading. We’ve put together a list of top ten choices with some of our favorite books. The Advantage: Why Organizational Health Trumps Everything Else in Business by...

Guest Article: How the New Revenue Recognition Standard May Affect Your Company

We’re pleased to share the following article about revenue recognition from our friends at RoseRyan. See what Diana Gilbert has to say… We’ve been hearing about it for years. Finally, the result of the joint project between the FASB and the IASB to...

A Practical Guide to Improving UFR Preparation

What are the “three letters” of the alphabet that financial professionals of social and human service organizations in Massachusetts fear the most?  UFR!  What do these letters represent?  Unbelievable, freaky, report? Well, when...

Announcing the Launch of the Finance and Accounting Consultants Alliance (FINACA)

Eleven independent finance and accounting consulting firms from across the country have aligned to launch a membership-based group called the Finance and Accounting Consultants Alliance (FINACA). Sharing best practices and insights enables the...

How the New Revenue Recognition Standard May Affect Your Company

We’re please to share the following article about revenue recognition from our friends at RoseRyan. See what Diana Gilbert has to say… We’ve been hearing about it for years. Finally, the result of the joint project between the FASB and the IASB to...

FASB Issues Final Private Company Accounting Alternative for Goodwill

FASB issued an Accounting Standards Update that provides nonpublic entities with an accounting alternative intended to simplify the goodwill impairment model. Background On January 16, 2014, the FASB issued Accounting Standards Update (ASU) No. 2014...

Getting Your Finances In Shape

It's not too late to review your accounting and financial practice to ensure your organization is ready to handle whatever may come its way for the the remainder of the year. Consider the following: 1. Get Your Chart of Accounts in Shape Your chart...

Client Alert: New OMB Overhead Regulations

The US Office of Management and Budget (OMB) announced the finalization of a new regulation impacting small nonprofits. OMB announced the finalization of new regulations increasing the audit threshold from $500,000 to $750,000 in annual Federal...

The Budget Primer: Building and Using Budgets Better

This recorded webinar, presented by AMS Consultant Paul Konigstein, uses real world nonprofit examples on how to build a budget and use that budget to advance the organization’s mission. Key take aways from the webinar: How to create a budget using...

To Move or Not to Move ERP to the Cloud?

There are several aspects to consider when choosing to implement a fully integrated inventory and accounting (ERP) system – one of them being whether or not to implement the software via the cloud or as an on-premises solution. The term “cloud” is...
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