Hawkins Ash Nonprofit Articles

Nonprofit Connection August

Nonprofit Connection Newsletter: August 2021

In this June 2021 Nonprofit Connection newsletter, our CPAs provide updates and coverage of the following topics: The Board Member
Boys & Girls Clubs of the Fox Valley

Client Feature and Executive Director Q&A: Boys & Girls Clubs of the Fox Valley

During the heat of the COVID-19 pandemic, as many organizations and companies were cutting their losses and trimming back services,
What Triggers a Single Audit

What Triggers a Single Audit?

The pandemic has brought many changes to nonprofit organizations, including changes in operations, reduced funding from traditional revenue streams, and
Functional Expense

Recap of Requirements and Common Errors in Functional Expense Reporting

With the implementation of FASB Accounting Standards Update 2016-14 several years ago many organizations were introduced to the concept of
nonprofit presentation

ASU Standard Update: Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets (ASU 2020-07)

In September of 2020, the FASB (Financial Accounting Standard Board) issued a new pronouncement regarding the presentation of contributed nonfinancial
COVID-19 Assistance

COVID-19 Related Assistance Reminders

PPP Loans Don’t forget to file for your PPP loan forgiveness. A borrower can apply for forgiveness once all loan
Nonprofit Connection

Nonprofit Connection Newsletter: June 2021

In this June 2021 Nonprofit Connection newsletter, our CPAs provide updates and coverage of the following topics: COVID-19 Related Assistance
Online Giving

Online Giving: Key Internal Control Considerations for Nonprofit Organizations

Accepting online donations can be a great way for nonprofit organizations to grow their donor participation and tap into geographic