NCheng LLP Announces Faizan Younus as a Principal in NCheng LLP, Recognizing Financial Management Excellence.
Wall St, New York, NY, December 26, 2023 - NCheng LLP, a prominent accountancy and advisory firm, proudly announces the appointment of Faizan Younus as a Principal within its leadership team,...
Why Assessing Fraud Risk is Crucial for Nonprofits?
Auditors frequently inquire about the protocols nonprofit employees have in place for recognizing, addressing, and tracking the potential for fraud. It is commonplace for the answer to consist of an...
NCheng LLP announces the promotion of Shivani Daga as Principal, Marking a New Era of Leadership and Growth.
Wall St, New York, NY, December 26, 2023 — NCheng LLP, a prominent accountancy and advisory firm, proudly announces the appointment of Shivani Daga as a Principal within its leadership team. This...
The Tax Benefits of”Going Green” Encouraging Sustainability Through Financial Incentives
As the world becomes increasingly aware of the need for sustainability, many businesses and individuals are looking for ways to reduce their carbon footprint and help preserve the environment. One...
How to Read a Form 990: A Guide for Non-Profit Organizations and Stakeholders
Form 990 is a tax form that must be filed annually by tax-exempt organizations, including non-profit organizations. The form provides information on an organization & financial activities,...
Non-Profit Accounting: A Guide to Financial Management for Non-Profit Organizations
Non-profit organizations play a critical role in society by providing essential services and addressing pressing social, environmental, and economic challenges. They are run differently than...
News for nonprofits – charity chief cites red flags for fraud and other misdeeds
Skimpy audits can be red flags for possible fraudulent activities in nonprofits, according to the head of the New York attorney general’s Charities Bureau. In a recent interview, James Sheehan said...
So you’ve received an audit letter from the IRS. What now?
You’re probably already aware that the IRS has increased its scrutiny of nonprofits in recent years. In fact, the agency audited 8,000 nonprofits (out of 1.6 million tax-exempt groups) in 2014. So...
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