Relief for Not-for-Profits Provided by New Accounting Standard
On May 30, 2019, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2019-06, a standard extending relief to not-for-profit entities with goodwill and certain identifiable intangible assets resulting from a business combination. The standard allows all not-for-profit entities to apply accounting alternatives that were formerly only available
What Mental Health Providers Need to be Talking About
In February of 2018, Barnes Dennig connected CFOs of local mental health organizations to promote knowledge sharing and foster new ideas and best practices. This was one of Barnes Dennig’s recurring luncheons, with previous topics including treasury management, Health Home and ICD-10. There were several hot-button topics that came up
Ohio Behavioral Health Redesign Effective January 1
On November 29, 2017, at a gathering of behavioral health service providers, Barnes Dennig’s not-for-profit team guided a conversation on key topics that leaders in the industry face day-to-day. Currently, providers are vigorously working through file testing with the state of Ohio for Behavioral Health Redesign (BHR), related to coding
Major Changes on the Horizon for Mental Health Not-for-Profits
At one of our recent Not-for-Profit roundtable luncheons, dedicated to mental health and wellness organizations, our discussion covered such a wide variety of topics, that we felt it would be most helpful to gather the group’s ideas and share them on our blog. Mental Health Not-for-Profits Issues Here are some
Building Effective Boards: Barnes Dennig’s 14th Annual Non-Profit Seminar
Representatives from nearly 200 local nonprofit organizations attended Barnes Dennig’s annual nonprofit seminar in April to learn more about fundraising strategies at the board level. Carol Weisman, founder of Board Builders, and serial board president, led an engaging and enthusiastic discussion to help break down the intimidation and apprehension
Mental Health Agency Luncheon Recap
Representatives from Barnes Dennig’s dedicated nonprofit service team recently sat down with some of the industry’s financial thought leaders at local mental health agencies to discuss the challenges and obstacles they face when managing financial operations in an ever-changing economic environment. Several factors discussed were ICD-10 implementation, rising healthcare costs