Featured Articles

Amanda Dolina, CPA, CAPM
Jun 6, 2023

Submitting reports on time and accurately is crucial for federal award recipients to maintain a good relationship with the awarding agency and secure ongoing funding. These reports provide essential information on how the funds are being used and the progress made towards the goals outlined in the award agreement. Failure to submit reports in a timely and accurate manner can result in consequences such as delayed payments, withholding of funds, or even termination of the award. Therefore, it is essential for recipients to prioritize timely and accurate submission of reports.

A. Michael Gellman, CPA, CGMA
May 23, 2023

Managing a nonprofit organization’s overhead (management and general) expenses is just as important as managing program and fundraising expenses. Most nonprofits would not dispute this statement. However, most organizations tend to put an inordinate focus on managing program and fundraising expenses and ignore or not give equal attention to managing overhead expenses.

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