Entries Tagged ‘Accounting Standard’:

Non-Profits and Taxes -What?

If you work for a non-profit you may not have heard of the Accounting Standard relating to Uncertainty in Income Taxes.  Or if you have heard of it, you may be thinking that it does not apply to you since non-profits do not pay taxes.   If you fall into this line of thinking, then you [...]

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Uniform Prudent Management of Institutional Funds Act

What does UPMIFA mean for your non-profit organization?  Are you confused by UPMIFA and how the new Accounting Standard on disclosures of endowments relate to each other? 
UPMIFA was originally enacted by The National Conference of Commissioners on Uniform State Laws (NCCUSL).  This organization provides states with non-partisan legislation to promote uniformity in certain laws among [...]

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