New Publication: Practical Implementation Issues with Uniform Guidance

In December 2013, the Office of Management and Budget (OMB) issued the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (known to many as the “Super Circular” or the new Uniform Grant … Continue reading “New Publication: Practical Implementation Issues with Uniform Guidance”

Guidance on new and upcoming FASB changes available!

The new accounting and auditing guidance covers the following topics: Prior updates effective in the current year Goodwill impairment Consolidation guidance for NFPs Definition of a business Going concern Pension costs Uniform guidance (Financial discussion … Continue reading “Guidance on new and upcoming FASB changes available!”

2017 Accounting, Auditing and Tax Updates Webinar Slides Available

This webinar dives into accounting and tax developments from 2017 and their impact on the nonprofit affordable housing sector moving into 2018.   Presenters Dave Conway and Dan King explain significant accounting standards issued in 2017, the … Continue reading “2017 Accounting, Auditing and Tax Updates Webinar Slides Available”

Jan. 24, 2018 – Annual Accounting Updates Webinar

Join Strength Matters for our annual “must read” webinar for nonprofit affordable housing CFO’s, COOs and lenders outlining the significant accounting standards that changed in 2017.   Dave Conway of Novogradac will explain and discuss the … Continue reading “Jan. 24, 2018 – Annual Accounting Updates Webinar”

Financial Discussion: Elimination of Developer Fees in Consolidation

The third paper in our Financial Discussion series dives into guidance on eliminating developer fees in consolidated financial reporting.  Under current accounting guidelines, developer fees are eliminated when preparing consolidated financial statements.  – How should … Continue reading “Financial Discussion: Elimination of Developer Fees in Consolidation”

Join Us Dec. 6 – Avoiding Tax Credit Mayhem Round 2: Protecting Your Depreciation Method – The 168(h) Election

Presenter, Dan King of CohnReznick, will discuss the recent Strength Matters publication Avoiding Tax-Exempt Use Property in Credit Deals – The IRC §168(h) Election. Learning Objectives: Understand how property characterized as tax-exempt use could negatively … Continue reading “Join Us Dec. 6 – Avoiding Tax Credit Mayhem Round 2: Protecting Your Depreciation Method – The 168(h) Election”

New Webinar – Nov. 15 – Tax Paper #2 Partnership Allocations for LIHTC Deals – An Introduction to IRC §704(b)

Presenter, Dan King of CohnReznick, will discuss the recent Strength Matters publication Partnership Allocations for Low-Income Housing Tax Credit Deals – An Introduction to IRC §704(b).  Join us on Wednesday, November 15, 2017 2:00-3:00 PM Eastern … Continue reading “New Webinar – Nov. 15 – Tax Paper #2 Partnership Allocations for LIHTC Deals – An Introduction to IRC §704(b)”

New Publication: Real Estate Sales between Related Entities

The second paper in our Financial Discussion series looks at two questions around the sale of real estate between related entities:  Accounting by Buyer and Seller Upon Disposition/Acquisition of a Property Revenue Recognition for Excess … Continue reading “New Publication: Real Estate Sales between Related Entities”