TD&T Assurance Principal, Joe Ryan, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Days in Cash.
Joseph B. Ryan, Assurance Principal with TD&T, provides some insight on how new accounting standards for nonprofit organizations can improve understanding and provide better information for stakeholders. I’m sure Benjamin Franklin was not considering accounting standards when he made this quote, but this article will address its applicability. The Financial Accounting Standards Board (FASB) in [...]
By Joe Ryan, ISCPA Nonprofit Organizations Committee Issue No. 2016-10 published by the ISCPA In August, the Financial Accounting Standards Board (FASB) issued a new accounting standard for nonprofit organizations, improving the presentation of the net asset classification, liquidity and cash flows. The standard will be effective for fiscal years beginning after Dec. 15, 2017 (calendar [...]