Your accounting and development departments are central to the continued financial health of your not-for-profit. So what happens when communication between these two functions break down? It could result in conflict between staffers, inaccurate financial statements and, in a worst-case scenario, the forfeiture of grant funds. Here’s how you can encourage collaboration.
Note different accounting methods
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Due to increased demand for outsourced accounting services, (for non-audit/attest clients), we’ve expanded our accounting services department. Services include Bookkeeping, Monthly, Quarterly, and Annual Reporting, Audit Preparation, Software Conversion, and other special projects to meet client needs. Further information at Client Service Accounting. Contact Julie Tucek at jtucek@legacycpas.com to discuss.
On May 15, 2020, the Small Business Administration (SBA) issued the much-anticipated Loan Forgiveness Application (SBA Form 3508) for the Paycheck Protection Program (PPP). As described in Legacy News Flash 20-7, the recently enacted Coronavirus Aid, Relief and Economic Security (CARES) Act established the PPP to provide forgivable loans to small businesses and ... Read More ›