CPA Financial Advisory Services

Measuring and demonstrating the impact of non-profit programs and initiatives to stakeholders is crucial for maintaining trust, securing funding, and guiding strategic decisions. Here are some suggestions on how to effectively measure and communicate impact to donor and other stakeholders interested in supporting your organization:   Measuring Impact:   1.       Set Clear Objectives and Goals: -           Define specific, measurable, achievable, relevant, and time-bound (SMART) objectives for each program. -           Ensure these objectives align with the organization's overall mission.   2.       Identify Key Performance Indicators (KPIs): -           Select relevant KPIs that accurately reflect the success and progress of programs. -          ...

  In most situations, the new lease accounting guidance requires recognition by a lessee of a right-of-use asset and a lease liability on its balance sheet. The lease liability is measured as the present value of remaining lease payments. In general, each lease will require its own discount rate unless the lessee has elected to apply a portfolio approach. The discount rate determination is outlined under a specific framework, but it still requires critical judgments and a thorough process. Conclusions based upon a discount rate that is based on a lender’s quote or an existing borrowing facility are typically not appropriate. These items should only be considered as data points. The lender quotes and rates on existing borrowing facilities on a stand-alone basis typically do not meet all of the criteria for a discount rate as further indicated below. This essay presents the requirements for developing the discount rate according to the new lease accounting guidance, with a focus on...