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Wei Wei & Co: Nov 7, 2023 1:00:00 PM
Decades of innovation have transformed the finance office from a mindset of processing transactions to one of strategic financial management. But even with this advancement, nonprofit organizations are operating in an increasingly complex...
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Wei Wei & Co: Nov 2, 2023 2:00:00 PM
According to BDO Middle Market CFO Outlook Survey, 64% of chief financial officers (CFOs) believe environmental, social and governance (ESG) adoption...
4 min read
Wei Wei & Co: Oct 30, 2023 12:00:00 PM
On July 10, 2023, the Governmental Accounting Standards Board issued Implementation Guide No. 2023-1, Implementation Guidance Update-2023...
3 min read
Wei Wei & Co: Oct 25, 2023 3:00:00 PM
The IRS on June 9, 2023, released generic legal advice memorandum AM 2023-004,[1] which addresses whether developing paid name, image and likeness...
2 min read
Wei Wei & Co: Oct 20, 2023 11:00:00 AM
With an increasing focus on environmental, social and governance (ESG) issues, some organizations are seeking ways to fund various ESG initiatives....
3 min read
Wei Wei & Co: Oct 17, 2023 4:00:00 PM
In a recent private letter ruling (PLR 202337007), the IRS ruled that a taxpayer’s proposed transaction that would convert a limited liability...
6 min read
Wei Wei & Co: Oct 12, 2023 10:00:00 AM
The Treasury Department and the IRS on October 5 issued proposed regulations providing guidance under Internal Revenue Code Section 367(b) related to...
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Wei Wei & Co: Sep 7, 2023 10:30:00 AM
Subrecipient risk assessments and monitoring are critical aspects of federal grants management. These practices ensure that funds are used in...
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Wei Wei & Co: Aug 30, 2023 4:00:00 PM
Data quality is a critical factor for organizations of all sizes, and nonprofits are no exception. Poor data quality can lead to inaccurate business...
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Wei Wei & Co: Aug 22, 2023 12:30:00 PM
By Dan Durst, MBA, and Gina McDonald, CPA
