Insights Category: Uncategorized

Insight

Can I use my IRA to Buy Real Estate?

September 26th, 2017

A common question from clients, or often times from people at dinner parties, is “Can I use my IRA money to buy real estate?”  The easy answer is “yes,” the rules for IRAs allow for a myriad of investing opportunities beyond stocks and bonds and do include real estate.  However, there are a number of […]

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Insight

Revenue Recognition for Construction Clients — A Blueprint

September 26th, 2017

After years of work, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued ASU 2014-09, the Revised Revenue Recognition Model. The model is intended to harmonize what had been a collection of over 200 specialized revenue recognition systems under US GAAP, and provide a more principle-based framework for business […]

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Insight

Is a Cycle Count Program a Good Idea for Maintaining Your Inventory?

September 22nd, 2017

Consider the following scenario: A lower middle-market distributor, with significant inventories held in three separate warehouses, has ongoing inventory systems in order to keep track of its complex inventories. At the end of each year, all locations halt shipping and receiving for one day while inventories are fully counted in order to update financial records. […]

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Insight

Nonprofit Newsbits: Digital Revenue on the Rise & New Top Jobs

September 11th, 2017

Study Shows Digital Revenue on the Rise Online nonprofit revenue in 2016 grew by 14%, and email revenue grew by 15%, according to a new study by nonprofit consultants M+R. Based on input from 133 nonprofits, “Benchmarks 2017” found that Web traffic, email list size, Facebook fans, and Twitter and Instagram followers were all on […]

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Insight

Make the Most of Your Fundraising by Measuring ROI

September 11th, 2017

Donors and other stakeholders continue to look for more accountability and transparency from nonprofits, especially regarding fundraising. Not only is the sum of money raised in campaigns meaningful, but how efficiently you’re able to raise it, too. Interested parties look beyond total dollars raised to also consider associated costs in fundraising efforts. Cost ratios that […]

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Insight

How Nonprofit Leaders Can Keep Learning On the Job

September 11th, 2017

Whether an executive on staff or a member of the board, new to the organization or a long-time veteran, a nonprofit leader sometimes faces tough challenges that a formal development class won’t address. But don’t lose heart. According to the nonprofit Community Resource Exchange (CRE), learning on the job itself can be a rich source […]

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