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Updated U.S. GAAP vs. IFRS guide
RSM's updated guide includes additional U.S. GAAP to IFRS differences that we have seen become more prevalent in practice.
Updated business combinations guide
RSM's newly revised guide to accounting for business combinations can help practitioners understand and apply the guidance.
New derivatives and hedge accounting guide
RSM's new guide provides a comprehensive overview of derivatives and hedge accounting and incorporates recently issued guidance.
Expected new reporting requirements for the Research Credit on Form 6765
The IRS has released a new draft Form 6765, Credit for Increasing Research Activities, that would require taxpayers to report additional pertinent information in order to claim the Research Credit on future tax returns.
Summary of Accounting Standards Update (ASU) 2024-04
A FASB ASU clarified the requirements for accounting for a settlement of a convertible debt instrument as an induced conversion.
Flexible Spending Accounts: Maximize Tax Savings and Employee Satisfaction with FSAs
Offering Flexible Spending Accounts (FSAs) can provide substantial tax savings for nonprofits while enhancing employee satisfaction. FSAs reduce taxable income, offer health and dependent care coverage, and help recruit and retain valuable staff. With options like grace periods and fund carryovers, these plans can meet diverse employee needs. Learn how FSAs can benefit your organization and employees alike in the full article.
Out With the Old: How Nonprofits Can Optimize Their Programs in 2025
In a time of tightening budgets, nonprofits must prioritize programs that deliver the greatest impact. This article outlines how to evaluate your organization's initiatives using stakeholder feedback and data-driven metrics. Discover practical strategies for phasing out ineffective programs, reallocating resources to promising efforts, and aligning your operations with evolving community needs. Read the full article to learn how to enhance your nonprofit’s efficiency and effectiveness.
Safeguard Your Nonprofit from Holiday Scams and Fraud
The holiday giving season is critical for nonprofit fundraising but also a time of increased fraud risk. This article highlights key vulnerabilities, including cash theft during events, internal control lapses, and gift card fraud, offering actionable advice to protect your organization. Stay vigilant this holiday season to safeguard your mission and maintain the festive spirit. Read the full article for detailed tips and strategies.
Securing Foundation Grants: Strategies to Increase Your Nonprofit’s Success Rate
Grants from foundations can provide essential funding for nonprofit organizations but securing them requires a strategic approach. This article outlines effective strategies for matching your mission with foundation interests, crafting well-defined proposals, and maintaining persistence even in the face of rejection. Learn how to improve your chances of getting your grant proposals approved. Read the full article for a deeper dive into the steps involved.
Plan for the Unexpected: How to Guarantee Your Nonprofit’s Special Event Goes Smoothly
Whether hosting a gala, fundraiser, or conference, planning for your nonprofit's special event requires foresight and preparation. This article highlights essential strategies for handling potential crises, from weather issues to last-minute emergencies, ensuring your event runs smoothly. Learn how to prepare your nonprofit with the right insurance coverage, crisis management plans, and communication strategies for success. Read the full article for detailed insights.
Unlock the Power of Corporate Volunteerism: A Guide for Nonprofits
Corporate volunteer partnerships offer nonprofits a valuable resource for fundraising and carrying out their mission, all without the cost of hiring staff. By working with businesses, nonprofits can increase visibility, gain more support, and even discover new skills among volunteers. This article explores how to establish successful corporate volunteer programs, with tips on creating mutually beneficial partnerships, managing volunteer activities, and ensuring that your nonprofit maximizes its potential. Read on for more strategies on how to make the most of these partnerships.
A guide to accounting for derivatives and hedge accounting
Our publication, A guide to accounting for derivatives and hedge accounting, is intended to provide an overview of the accounting for, financial statement presentation and disclosure of derivative instruments and hedge accounting.
5 AI use cases for technology companies to consider
Here are five key artificial intelligence use cases that tech companies should consider.
Preparing for health care M&A: Accounting implications and best practices
Explore strategies for successful health care mergers and acquisitions, including due diligence, valuation and post-transaction accounting.
The importance of cybersecurity resiliency for nonprofit organizations
Cybersecurity resiliency is important for nonprofits. Organizations that have strong cybersecurity resiliency protect their sensitive data and ensure they can fulfill their missions