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Get Ready for Critical Audit Matters

On Monday, October 23, the SEC accepted the Public Company Oversight Board’s new standard for enhanced audit reports. Previously approved by the

Update on the Status of the 179D Deduction

In 2005, Congress passed the Energy Policy Act which created the 179D Energy-Efficient Commercial Building Deduction. The 179D deduction allowed owners

Potential Audit Relief for Charitable Organizations Soliciting in Pennsylvania

Charitable organizations soliciting contributions in the state of Pennsylvania could see changes coming to the thresholds for audit requirements. In September,

Developing a Compensation Philosophy - Part 4 in the Series

A compensation philosophy can be useful to a board of directors of a nonprofit in developing compensation processes and determining pay packages for new
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Form 1098-T Reporting Requirements Change for Tax Year 2018

The Internal Revenue Service recently announced that colleges and universities will no longer have relief from the Box 1 reporting requirement on Form

Postcard from EACUBO

Day one of the annual meeting of the Eastern Association of College and University Business Officers brought together more than 450 individuals to discuss

Pennsylvania CPE changes

In September 2017, the Pennsylvania State Board of Accountancy announced major changes to CPE requirements for licensed Pennsylvania CPAs. Effective January

Who Should Handle Compensation Matters on a Nonprofit Board of Directors? Part 3 in the Series

For small or medium-sized boards, executive compensation may be handled by the entire board. For larger boards of directors, though, it may be useful to
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Who Can Answer the Retail Industry's Distress Call?

For anyone who has been following the retail industry closely during 2017, it’s common knowledge that retail, in conjunction with the restaurant

Regional Economic Impact of the Shell Cracker Plant

In June 2016, Shell Oil Company, the U.S. subsidiary of the global oil and gas company Royal Dutch Shell, announced that it had selected a site in Beaver
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