Claim OwnershipGRF On-the-Go Podcast
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© Gelman, Rosenberg & Freedman 2023
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GRF CPAs & Advisors is a professional services firm providing audit and assurance, tax services, outsourced accounting, and advisory solutions to clients worldwide. Since 1981, the firm has worked with nonprofits, associations, government contractors, other for-profit businesses, and individuals. For more about our services or to request additional information, visit our website at www.grfcpa.com or send us an email at marketing@grfcpa.com.
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This fourth episode from GRF's Nonprofit State of the Union series, Heather Broberg, Principal and Director of Accounting Technology Services, and Leo Gutierrez, Accounting Technology Services Manager, discuss the evolving role of accounting technology in nonprofit finance. Heather and Leo walk through key trends shaping 2026, including the shift to cloud ERP, the importance of integrated systems, automation, embedded analytics, and the growing influence of AI in financial operations. They share practical guidance on building a scalable technology foundation, reducing manual work, improving reporting accuracy, and helping finance teams operate as strategic partners. This session offers nonprofit leaders clear steps for strengthening their finance technology ecosystem and preparing for the future.Click here to view the 2026 GRF Top Risks Report https://www.grfcpa.com/resource/2026-top-risks-report/Click here to watch the full 2026 GRF Nonprofit State of the Union. https://youtu.be/RBSG8KSXVmk
In the third episode of the Nonprofit State of the Union series, Mark Tessar, Principal, Audit & Assurance, and Leslie Zeid, Principal, Outsourced Accounting Services, walk through financial resilience, budgeting, forecasting, and reserve management. Learn practical approaches to scenario planning, liquidity management, and developing intentional reserve policies that reflect real organizational risk. Common audit and reporting issues, including liquidity disclosures, functional allocation, revenue concentration, and the growing importance of technology and cyber readiness are also highlighted. This session offers nonprofit leaders clear, actionable guidance for strengthening financial stability in an unpredictable environment.Click here to view the 2026 GRF Top Risks Report https://www.grfcpa.com/resource/2026-top-risks-report/Click here to watch the full 2026 GRF Nonprofit State of the Union. https://youtu.be/RBSG8KSXVmk
In this episode, we are sharing the second session from GRF’s recent 2026 Nonprofit State of the Union on the top risks that nonprofits are facing. Mac Lillard, Principal, Risk & Advisory Services, and Alex McNeill, Enterprise Risk Management Advisor, Risk & Advisory Services, discuss how rapid change, funding uncertainty, and organizational growth or contraction can create governance gaps, along with practical ways boards and leadership teams can strengthen oversight, align strategy, and build resilience. The conversation also explores technology governance, cybersecurity, talent management, and what the most resilient nonprofits are doing differently as they plan for 2026 and beyond.Click here to view the 2026 GRF Top Risks Report https://www.grfcpa.com/resource/2026-top-risks-report/Click here to watch the full 2026 GRF Nonprofit State of the Union. https://youtu.be/RBSG8KSXVmk
In this episode, we are sharing the first session from GRF’s recent 2026 Nonprofit State of the Union on the top risks that nonprofits are facing. Melissa Musser, Partner and Director of Risk and Advisory Services explores GRF’s newly released Top Risks report and explains how enterprise risk management connects directly to strategy, culture, and decision‑making. This episode offers practical insights for nonprofit leaders and boards looking to better understand, prioritize, and manage the risks that could impact their mission.Click here to view the 2026 GRF Top Risks Report https://www.grfcpa.com/resource/2026-top-risks-report/Click here to watch the full 2026 GRF Nonprofit State of the Union. https://youtu.be/RBSG8KSXVmk
In this episode, hosts Tricia and Yev take a practical look at the nonprofit statement of functional expenses and share what auditors commonly see during the audit process. They cover best practices for expense classifications, allocation methodologies, and year‑over‑year consistency, along with guidance on breaking out major program services and avoiding oversized miscellaneous categories. Tricia and Yev also explain how the statement of functional expenses connects to the statement of activities and Form 990 reporting, offering helpful insights for nonprofit finance teams, leaders, and board members focused on clarity, transparency, and audit readiness.
Tricia and Yev break down the essentials of nonprofit endowments, including donor restrictions, spending policies, underwater endowments, and the difference between true and quasi endowments. Perfect for nonprofit leaders, finance teams, and auditors looking to stay compliant and informed.
Budgeting is not just an annual task—it’s a dynamic process. Those who master a well-crafted budget know it is more than just numbers. It’s a powerful tool for strategic decision-making, financial stability, and mission impact. In this one-hour webinar, nonprofit leaders and finance professionals will learn how to develop budgets that are both accurate and adaptable in an ever-changing environment. This session will walk you through best practices for budgeting with clarity and confidence, aligning financial plans with program goals, and preparing for both opportunities and uncertainties. Whether you’re preparing your first organizational budget or refining a long-standing process, this webinar will give you the tools to budget smarter—not harder.
One of the key recommendations from financial advisors and accounting professionals is the creation of an operating reserve fund—an unrestricted pool of funds that can sustain operations during periods of revenue shortfall.Is your nonprofit prepared for financial uncertainty? Join us for this essential one-hour webinar designed to help nonprofit leaders and finance professionals understand the importance of operating reserves—and how to build and maintain them effectively.You’ll learn practical strategies to strengthen your organization’s financial resilience, gain board and stakeholder buy-in, and ensure long-term sustainability. Whether you’re starting from scratch or looking to refine your reserve policies, this session will provide actionable insights and tools tailored to the nonprofit sector.
In this episode, Tricia and Yev dive into the world of nonprofit special event, from galas to golf tournaments. They break down the accounting and audit considerations around special events revenue, including bifurcation of exchange vs. contribution elements, ASC 606 analysis, and financial statement presentation options. Whether you're planning your first fundraiser or preparing for year-end audits, this episode is packed with practical insights, and a few laughs!
2025 is shaping up to be a pivotal year for tax planning. A new administration and Congress in Washington have enacted a sweeping bill with significant implications to the tax code. Businesses and individuals alike face new opportunities as the year draws to a close and new laws are set to go into effect. Join GRF’s tax experts for a timely discussion on how to prepare, adapt, and take advantage of the evolving tax landscape.
Join GRF for an informative session that will provide a practical overview of the Single Audit process under Uniform Guidance, including a walkthrough of the Compliance Supplement and a discussion of frequently cited audit findings. Attendees will gain valuable insights into strengthening internal controls, improving documentation, and preparing for a successful audit. Don’t miss this opportunity to enhance your organization’s audit readiness and compliance posture.
In this insightful episode, Tricia and Yev dive deep into the complexities of in-kind contributions within the nonprofit sector. From donated dinners and pro bono services to below-market leases and software licenses, they explore how nonprofits should recognize, value, and document these contributions.
In this episode, we’re joined by Leslie Zeid, Principal in Outsourced Accounting Advisory Services, for a timely discussion on how organizations—especially nonprofits—can navigate financial uncertainty by returning to the fundamentals. With economic shifts, funding volatility, and increased pressure on financial planning, our hosts discuss how organizations are reassessing their financial health, emphasizing the importance of liquidity, reliable forecasting, and mission alignment. Whether you're facing uncertainty or planning for long-term sustainability, this episode offers grounded insights to help you stay focused and financially resilient.
In this episode, Yev and Tricia dive deep into one of the most nuanced areas of nonprofit accounting—conditional contributions. From understanding the key criteria that define a contribution as conditional, to navigating gray areas in grant agreements, they unpack the practical implications for revenue recognition, disclosure requirements, and audit readiness. Whether you're a nonprofit leader, accountant, or auditor, this conversation offers valuable insights into ensuring consistency, compliance, and clarity in your financial reporting.
In this episode, Mac Lillard and John McIntosh discuss the latest updates to Uniform Guidance regulations.
In this episode, Tricia Katebini and Yevgeniy Sukhenko dive into the critical role of a viable reserves policy in safeguarding an organization’s future.
In this episode, GRF's Melissa Musser and Christian Spencer discuss strategies for mitigating risk.
In this episode, Tricia Katebini and Yevgeniy Sukhenko discuss the topic of restricted revenue. Restricted revenue refers to funds donated to an organization with specific limitations imposed by the donor on how or when the money can be used. These restrictions can be temporary, such as funds designated for a particular project or time period, or permanent, like endowments where only the investment income can be utilized. Proper management and accounting of restricted funds are crucial for nonprofits to ensure compliance with donor intentions and legal obligations.
Join us for GRF’s fourth annual Nonprofit State of the Union. This year’s theme focuses on turning the traditional nonprofit business model upside down. Our all-star lineup of nonprofit subject matter experts will explore practical ways nonprofits can reshape their operations to better respond to evolving economic, social, and technological changes.
In this episode, GRF's Ryan Ham, Mark Sakats, and Julie Hulem discuss key tax strategies for navigating 2024 and planning for 2025.
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