As we navigate through 2025, not-for-profit organizations (NFPs) continue to face a dynamic landscape of challenges. Audit, accounting, tax, and governance issues require careful attention and adaptation from not-for-profit leaders, accounting and finance managers, auditors, tax advisers, and board members as they strive to uphold their missions in an ever-evolving environment.
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Top Issues for NFPs in 2025
Sep 11, 2025 · 7 min read
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Audit and Accounting
Leases post-implementation
During the post-implementation review of the lease accounting guidance in FASB Accounting Standards Codification (ASC) Topic 842, private company stakeholders brought questions surrounding related