GRF Financial Foresight

Insights from the team on the GRF blog

A High-Performing Accounting System Provides More With Less

Most nonprofits and small businesses begin their financial lives using Intuit’s QuickBooks, which— with more than 80% market share—is by far the most popular accounting application. It’s well known. It’s also easy-to-use, and it offers the functionality a business or nonprofit needs when it’s starting out. But if your business has moved beyond the entry…

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Top 10 Tips for Beginning Your Exit Plan in 2021

By Walter Deyhle, CPA/ABV/CFF, MAFF, CExP™, CEPA, Tax Partner and Director of Exit Planning Division Is 2021 the year you will begin planning your future exit from the company? It might be the smartest resolution you ever make. Studies show that business owners who are the most successful in exiting their businesses begin planning their…

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Future-Ready your Accounting Department with a Strategic Move to the Cloud

By Yevgeniy Sukhenko, Senior Controller, Outsourced Accounting & Advisory Services The COVID-19 pandemic only accelerated the inevitable for accounting departments around the globe. In March 2020, businesses and nonprofits moved to the cloud quickly and abruptly, whether the organization was ready or not. The days of operating an accounting department with only software housed on…

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Charity Navigator Launches Impact & Results Beacon

By Richard J. Locastro, CPA, JD, Partner and Director, Nonprofit Tax Charity Navigator has added another beacon as part of the roll out of its new Encompass Rating System – Impact & Results. This follows Charity Navigator’s acquisition of ImpactMatters and identifies high-impact nonprofits who demonstrate “cost-effectiveness”. The Impact & Results beacon currently includes service…

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Charity Navigator Rolls Out New Encompass Rating System

By Katelyn Miller, CPA, MST, Manager, Nonprofit Tax In one of the largest updates in recent memory, Charity Navigator has rolled out the first of four significant changes to their rating system. The Encompass Rating System expands the number of charities the organization rates from 9,000 to 160,000 – the most in its history. What…

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GRF CPAs & Advisors Makes List of Best Firms for Young Accountants