Hawkins Ash Nonprofit Articles

Nonprofit Financial Management Fundamentals
Sharpen your nonprofit management and accounting skills. Our nonprofit audit and accounting professionals walk you through the fundamentals of crucial

Client Feature: The Gateway Collective Brings Socially Inclusive Housing to Green Bay
According to the doctoral research conducted by Executive Director Dr. Alexia Wood, social isolation is a leading cause of housing

Segregation of Duties: Common Issues and How to Address Them
As a not-for-profit organization, ensuring that safeguards are in place to lower the risk of fraud or material misstatement is

CECL: A Practical Step to Take Now for Your Upcoming Audit
Accounting Standards Update 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments (CECL) has been in effect for

Nonprofit Connection Newsletter: November 2023
In this November 2023 Nonprofit Connection newsletter, our CPAs provide updates and coverage of the following topics: CECL: A Practical

Donor Acknowledgements: A Great Way to Build Donor Relationships and Fulfill IRS Requirements
For many nonprofit organizations, donor contributions are a significant source of their revenue. It is important to send donor acknowledgment,

How to Accept and Record In-Kind Gifts
Your nonprofit organization may receive contributions in the form of nonfinancial assets, which are goods and services received at no

ASC 842 Lease Standard: Understanding the Impact on Not-for-Profit Financial Statements
Now that most not-for-profit organizations have implemented the new lease standard (ASC 842), it is a good time to look