Gray, Gray & Gray, LLP

Massachusetts Raises Financial Reporting Thresholds for Nonprofits

The Commonwealth of Massachusetts has recently implemented significant changes to its financial reporting requirements for nonprofit organizations, marking an important shift that affects hundreds of organizations across the state. These changes reflect a more nuanced approach to financial oversight that better aligns with today’s economic realities. Under previous regulations, nonprofits with annual gross support and

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5 Ways for Your Nonprofit to Weather Economic Uncertainty

No one can predict with certainty where the U.S. economy will be at the end of 2024 or in 2025. The presidential election, interest rates, inflation, overseas conflicts and the recent stock market performance all could influence the macroeconomic direction. So it’s prudent for nonprofit leaders to hope for the best but also plan for

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10 Ways To Leverage Advanced Analytics To Boost Profits

By Martin D. Kirshner, CPA, MSAGray, Gray & Gray, LLP Table of Contents Energy dealers looking to position their companies for sustainable growth and success will do well by harnessing the potential of data-driven insights. Let’s look at 10 ways a dealer can leverage available software and analytics tools to optimize operations, enhance customer service,

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Gray, Gray & Gray The Power of More Video

https://youtu.be/U4xuc-5XDw4?si=Eqix7yVW3c7cP-4W Discover the Power Behind Gray, Gray & Gray! Take an inside look at how our team brings The Power of More to each client —delivering world-class service and building lasting partnerships rooted in trust and dedication. At Gray, Gray & Gray, we believe in the Power of More and strive to provide clients with

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Gray, Gray & Gray to Host Free Year End Planning Seminar

Canton, MA (October 21, 2024):  Gray, Gray & Gray, LLP, one of the country’s leading consulting, accounting and business advisory firms, will host “Striving for Greater Success in 2025: Adapting and Innovating for the Year Ahead,” a free year-end planning seminar for businesses and individuals. The seminar will be held on Thursday, December 5, 2024,

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Sun or Storm? Forecasting Your Nonprofit’s Financial Future

Have you seen the forecast? No, not the weather forecast — but your not-for-profit’s financial forecast. Financial forecasting is critical to any organization’s good health, but it can be more difficult for nonprofits than for businesses. After all, you usually can’t predict how many donors you’ll have in the future, how much they’ll contribute or

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Royalty Audits: Safeguarding Fair Franchise Relationships

Regular Royalty Audits Protect Business and Foster Trust Between Franchisors and Franchisees By Kevin F. Howley, CPAGray, Gray & Gray, LLP Table of Contents In the world of franchise licensing, royalty audits play a crucial role in maintaining fair and transparent relationships between franchisors and franchisees. Understanding the intricacies of royalty audits, from the foundations

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