Recent Insights
GAQC Provides Definitive Answer Regarding Applicability of Single Audit Requirements to PPP and EIDL
Alert
May 20, 2020
EIDL loans for nonprofits are considered federal financial assistance and are subject to the Uniform Guidance single audit requirements.
Article
May 15, 2020
Guidance on how to calculate unrelated business income tax for nonprofits that have more than one unrelated trade or business.
Alert
April 17, 2020
Key takeaways from the Consolidated Appropriations Act 2020. Learn how these provisions may affect your business or organization.
Webinar Recording
April 14, 2020
This Cherry Bekaert webinar highlights provisions in pieces of legislation that affect nonprofits to determine what may be beneficial amid COVID-19.
Alert
March 31, 2020
After almost two years, section 512(a)(7) has been repealed. Read more to learn what this could mean for your organization.
Article
February 17, 2020
Judge dismisses lawsuit over NYU employee retirement plans. Find out what this ruling means for retirement plan governance.
Webinar Recording
February 2, 2020
Join Cherry Bekaert for this webinar where we will discuss fiduciary activities as defined by GASB 84. We will also discuss how financial reporting will change related to fiduciary activities as a result of GASB 84.
Article
April 12, 2019
How many revenue streams do your nonprofit have? Some organizations take the simple yet risky approach of having one main income source, and others depend on multiple revenue streams.
Article
February 25, 2019
The National Association of College and University Business Officers (“NACUBO”) has released a new advisory using tuition to illustrate guidance under Accounting Standards Codification (“ASC”) Topic 606, Revenue From Contracts With Customers.