Scenario planning, financial stewardship, revenue diversification, and board-ready reporting are among the approaches nonprofit leaders are using to strengthen organizational resilience.
Nonprofit organizations continue to innovate and rethink how they plan, operate, and report. AAFCPAs’ 2026 Nonprofit Seminar sessions offer experienced perspectives you can employ across...
Key Takeaways: The Cost Accounting Report determines the final amount of the Massachusetts Live Theater Tax Credit for eligible productions. Eligible expenses include payroll, production,...
Key Takeaways: Program-level review helps identify where resources are stretched and which programs need strategic attention. Combining financial results with mission contribution supports intentional, data-informed...
Designed to encourage local economic activity and nurture the state’s vibrant arts and culture ecosystem, the Commonwealth of Massachusetts has launched a new program that...
Nonprofit organizations are often thought to be tax exempt. But this is a misnomer, as there are many situations where a nonprofit may have to...
In 2016, FASB issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease transactions. AAFCPAs has summarized some of...
AAFCPAs would like to make clients aware that the U.S. Small Business Administration (SBA) will accept applications for the Shuttered Venue Operators Grant (SVOG) program...
On March 10, 2020 MA Governor Charlie Baker declared a state of emergency for the Commonwealth of Massachusetts in response to the spread of the...
