Ncheng llp welcomes new partner, miaoling lin to their audit team
We are pleased to welcome new partner, Miaoling Lin to our audit team. Miaoling Lin has over 30-year experience in public accounting and the private sector. Prior to joining NCheng LLP, Miaoling...
Your game plan for effective social media use
Most nonprofits have some degree of a social media presence, but it isn’t always effective. Organizations can flounder in their attempts to be successful on this playing field, but problems are...
Is a merger right for your nonprofit?
In the wake of the new tax law and other developments, many nonprofits are looking for ways to solidify their financial footing — including the possibility of merging with another organization. But...
Nonprofit accounting is different … here’s why
Nonprofit accounting is different: Here’s how Carolyn, the executive director of an educational nonprofit, was thrilled, after a long search, to welcome two new members to her charity’s board of...
Fasb issues new accounting rules for contributions and grants
How to make your special event a financial success Accounting for contributions and grants has often proven complicated for nonprofits, especially when they come with donor-imposed conditions. New...
The case for internal controls…reducing fraud is easier than you may think
The core of any organization’s fraud-prevention program is strong internal controls. Yet too many nonprofits either fail to develop controls that address common risks or, if they establish controls,...
How sound are your financial statements? Don’t underestimate their inherent informative value
Many contractors labor under the false impression that financial statements are what their accounting software lists under “standard reports.” Others believe that their in-house bookkeeper can draw...
Shared Space – What to consider before teaming up.
Nonprofits nationwide are increasingly considering shared workspace arrangements to lower rising facility costs. These arrangements are particularly appealing in areas where nonprofits are being...
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