AVF Insights Blog

AVF Spotlight: Lynn Applegate, Implementation Specialist

As part of the AVF team, Lynn specializes in working directly with nonprofit clients to coordinate resources and manage implementation engagements. Lynn is a Maryland CPA and worked in public accounting for 10 years, conducting audits for…

7 Reasons to Upgrade to Dynamics NAV 2015

 
Microsoft announced Dynamics NAV 2015 in September 2014, but many organizations have yet to upgrade their systems. Here are the top 7 reasons why you should upgrade to Dynamics NAV 2015:

1.  Microsoft Dynamics NAV Tablet…

More Organizations Turning to Nonprofit-Specific Software in 2015

 
Nonprofits that choose the right software can improve upon many business processes, including communication, record keeping, marketing, fundraising, financial reporting and more. Based upon a recently-conducted study by Software Advice, in 2015…

FASB Has Released a Draft of the Updated Nonprofit Accounting Standards

 

After years of deliberation, last week the Financial Accounting Standards Board (FASB) released a draft of proposed changes to the accounting rules for nonprofits. We previewed some of the expected changes in March, and as explored, many…

Top 10 Cloud Myths Debunked

For core financial processes such as accounting and budgeting, the cloud offers new and innovative ways of working that can be more economical and operationally practical than the traditional on-premise deployment of these softwar…

Compliance Guide for 501(c)(3) Public Charities

 

Federal tax law provides tax benefits to nonprofit organizations recognized as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code (Code). The Code requires that tax-exempt organizations must comply wit…

Free Office 365 for Nonprofits

Office 365 is a cloud-based service that brings together Office and selected business software such as SharePoint, Exchange and Lync for use in the workplace – pretty amazing! But did you know that properly certified nonprofit and nongovernmenta…

Refer a nonprofit and get $500!

Refer a Nonprofit Organization to AVF Consulting and Get $500!

Do you know a nonprofit organization in the market for a new accounting system? Send them our way and if they become an AVF customer within the next 6 months, you’ll get…

FASB to Propose New Nonprofit Reporting Requirements

 

The Journal of Accountancy reports that FASB expects to issue a proposal for public comment in mid-April aimed at enhancing the usefulness of the financial statements of nonprofit organizations. The proposal is expected to be a…

Client Spotlight: SCO Family of Services

 

SCO Family of Services is a leading provider of human services in New York, with 95 programs in 115 locations in the City and Long Island. The organization’s reach and network enables them to reach 60,000 people each year, helping to…

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