Your not-for-profit organization is probably assisted by volunteers who aren’t financially compensated. But your staff — including executives — are almost certainly paid a commensurate salary and benefits for their work. Compensation issues are always tricky, but they’re made more so by tax and legal requirements for nonprofits. Setting executive pay is particularly fraught because if […]
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Canton, MA (January 2, 2023): Gray, Gray & Gray, LLP, a business consulting and accounting firm based in Canton, MA, has announced the promotion of twelve team members to new positions: Meghan Bay has been promoted to Supervisor in the firm’s Internal Accounting Department. She has been with the firm since 2013. Stephanie Carabine has
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By Nathaniel C. Gravel, CISA, CISM, CRISC The second week of January has been designated as National Home Office Safety & Security Week. But keeping your computer, network and files secure while working remotely is a 24/7/365 task. Here are eight important steps to take to help ensure your “home work” is not compromised by
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If your not-for-profit focuses most of its fundraising energy on donors who can contribute to your mission and programs now, you may have neglected legacy gifts. Such gifts represent a portion of wealthy donors’ estates that go to your organization on their death. Legacy gifts can help position your nonprofit for sustained growth well into the
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Williams Elected Partner at Gray, Gray & Gray (January 2026) Morse Joins Gray, Gray & Gray as Audit Director (January 2026) Gray, Gray & Gray Reaffirms Commitment to Remaining Independent (December 2025) Gray, Gray & Gray Named to List of ‘Best of the Best’ Accounting Firms (October 2025) Gray, Gray & Gray Sponsors ‘Women Fighting
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Does your not-for-profit need to replace a departing board director — or add directors to better handle your growing organization’s governance work? Choose carefully, because although a well-qualified, enthusiastic board addition can help infuse the group with energy and fresh ideas, an unqualified one can create conflict and other problems. Here’s how a nonprofit board should
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Canton, MA (November 4, 2022): Gray, Gray & Gray, LLP, one of the country’s leading consulting, accounting and business advisory firms, will host “Building a Winning Business Strategy,” a year-end planning seminar for businesses and individuals. The seminar will be held on Thursday, December 1, 2022, from 8 am – Noon at the firm’s offices
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Learn more about adding a lease in LeaseJava with this Quick Reference Guide. To assist our clients with meeting the new lease accounting standards, Gray, Gray & Gray has partnered with LeaseJava, a software platform that simplifies the new reporting process. We can provide you with access to enter the lease information on your own or
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https://youtu.be/OU7nztx8CmY Download the presentation here. Learn More About the New Lease Accounting Standards Here After much debate and delay the long-anticipated changes to accounting standards for commercial and residential leases (FASB accounting standards for leases) are finally being implemented. The new standards will have an across-the-board impact for property owners, property managers, and lease tenants. In
Managing the New Accounting Requirements for Leases Webinar Recording Read More »
After much debate and delay the long-anticipated changes to accounting standards for commercial and residential leases (FASB accounting standards for leases) are finally being implemented. The new standards will have an across-the-board impact for property owners, property managers, and lease tenants. In short, the way you report lease income and lease expenses on your financial statement
Managing the New Accounting Requirements for Leases Webinar Recording Access Read More »