Entries by John Templeton

The Importance of Civic Reach

By Lewis Sharpstone, CPA Ensuring sustainability is a top priority for almost every nonprofit organization. But one sometimes overlooked piece of the sustainability puzzle is managing critical external relationships and ensuring their longevity. This is especially important in a climate characterized by pervasive change. As we’ve covered in our Nonprofit Standard blog posts, executive retirements […]

IRS Stresses New Processes at Annual Tax Exempt and Government Entities Meeting

By Laura Kalick, JD, LLM in Taxation The 2017 Internal Revenue Service (IRS) Joint TE/GE (Tax Exempt and Government Entities) Council Meeting was held in Baltimore in February. These annual meetings were designed to maintain open communication between practitioners and the IRS TE/GE Division. Attendees include members of the five regional TE/GE Councils. Each regional […]

PErspective in Manufacturing

A feature examining the role of private equity in the manufacturing sector. As the healthcare industry embraces value-based payment models and providers evolve their business models to focus on outcomes, they’re looking to achieve more with less and optimize productivity. All the while, new technologies and automation are opening the door for innovation in manufacturing […]

Middle Market Manufacturers: Surprisingly Suited to Capitalize on IoT Advantages?

By Eskander Yavar Manufacturers are waking up to the Internet of Things (IoT) opportunity. According to BI Intelligence, companies will spend nearly $6 trillion on IoT solutions in the next five years, and by 2020, 24 billion devices will be IoT-enabled. Whether you’re a large-scale global manufacturer or a middle market company in growth mode, […]

Construction – Did You Know?

According to an Associated General Contractors of America survey, 73 percent of construction companies surveyed plan to hire new employees in 2017. In the fourth quarter of 2016, home price gains accelerated in 89 percent of U.S. metropolitan areas, according to the National Association of Realtors. Overall construction spending in 2016 was 4.5 percent higher […]

A Deeper Dive Into ASU 2016-14 Implementation Issues – Part Two

By Tammy Ricciardella, CPA In this issue, we will examine two additional areas of the ASU: Expense reporting and reclassification upon expiration of donor-imposed restrictions. Expense Reporting Once ASU 2016-14 is adopted, all nonprofits are required to present expenses by nature and by function, as well as an analysis of these expenses in one location […]