YHB News

Feb

Mastering the Statement of Functional Expenses: Overcoming Common Challenges

The Statement of Functional Expenses (SFE) is a cornerstone of not-for-profit accounting, providing transparency and accountability to donors, stakeholders, and regulatory bodies. However, many organizations face challenges when preparing this…

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7 common M&A due diligence pitfalls

Beyond Boomers: How to engage younger…

Financial relief for families: The benefits…

Preparing for the FFIEC CAT Phase-Out: Exploring New Cybersecurity Assessment Options for Financial Institutions

January 8, 2025

The FFIEC Cybersecurity Assessment Tool (CAT) has been a critical resource for financial institutions to assess their cybersecurity preparedness. However, with the upcoming phase-out of the CAT on August 31,…

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Pennsylvania Introduces New Annual Filing Requirement for Registered Businesses

January 6, 2025

Starting January 1, 2025, Pennsylvania businesses registered with the Department of State will need to comply with a new annual filing requirement. This update aligns Pennsylvania with many other states…

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Make better branding your not-for-profit’s 2025 New Year’s resolution

January 2, 2025

If your not-for-profit wants to make an organization-wide New Year’s resolution for 2025, how about this: Strengthen our brand. Although branding strategies usually are associated with the for-profit sector, they…

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Maximize your 401(k) in 2025: Smart strategies for a secure retirement

January 2, 2025

Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a 401(k) or Roth…

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Now or later: When should your company implement the new crypto reporting guidance?

January 2, 2025

The Financial Accounting Standards Board (FASB) made favorable changes to the accounting rules for crypto assets in December 2023. The updated guidance benefits reporting entities and external stakeholders alike. It’s…

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Using an exit agreement to manage your nonprofit’s leadership transition

December 27, 2024

All good things must come to an end — including the tenure of a respected founder or executive. Just make sure that the departure of your not-for-profit’s leader remains smooth…

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