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The professionals at bgr CPAs work to build trusting and engaging relationships with all of our clients. These relationships allow us to create personalized, efficient and effective tax, accounting and business strategies.

What’s New at bgr CPAs

Accounting Standards Updates for Nonprofits When Reporting and Allocating Expenses, Classifying Net Assets and Reporting Board-Designated Assets

August 30, 2018

In August 2016, the Financial Accounting Standards Board released Accounting Standards Update (ASU) 2016-14 Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities. The new update streamlines and simplifies requirements related to several aspects of financial reporting to improve consistency among not-for-profit organizations. Among other changes the following areas draw additional attention: reporting…

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The bgr team has always been first rate! They are professional, fair minded and a pleasure to do business with at all times. They are respectful in how they use our time and efficient in their audit process. Their judgment is sound and always thoughtful.

The stability of the relationship has been remarkable... there has been NO turnover in the professional reps who visit our offices to collect the necessary data to service our needs. It must be a great place to work to have that level of employee loyalty and stability

Restricted Assets and How They Affect Non-Profit Organizations

August 30, 2018

  For some non-profits, contributions from donors are a major source of revenue. Proper accounting for these contributions is key and includes tracking, monitoring and reporting of restricted funds. What type of restrictions can there be in the non-profit industry? Contributions from donors may have temporary or permanent restrictions which limit the use of the…

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bgr CPAs remains dedicated to the principles on which our founders initially built the firm: We work to render the highest quality tax, accounting and business consulting services by building trusting and engaging relationships with each of our clients, regardless of size. Contact the professionals at Berman Goldman & Ribakow for additional service information.

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