Patricia A. Yeager

What Should Independent Schools Know about Recent Changes to Financial Accounting Standards for Nonprofits?

One way independent schools and other nonprofits communicate with donors or other stakeholders is through their financial reporting. Sound accounting practices result in financial reports that signal responsible stewardship of donations, tuition or assets in the service of the organization’s mission. New guidance on financial reporting for nonprofit organizations... Read more

How to Survive Your Annual Audit

Does your company undergo an annual audit, or is it about to be audited for the first time? If so, it’s likely that just the term “audit” strikes fear into year heart. An audit can seem like a disruptive annoyance, but it doesn’t have to be. Like most things,... Read more