Not-for-Profit Focus – April

Not-for-Profit | Prager Metis | May 06, 2022

During 2021, Prager Metis Senior Advisor Lou Mezzina presented Enhancing NFP Financial Reporting: A Critique of Audited Financial Statements and Disclosures on four occasions at programs offered by CPA Societies in Greater Washington, D.C.; New York State, New Jersey and Oregon. In this issue of Not-for-Profit Focus we share some high level observations and recommendations that we hope will be valuable to preparers, auditors, audit committees, and others interested in the general purpose financial reporting of not-for-profit organizations. Read More.


Donating Cryptocurrency to Ukrainian Humanitarian Efforts? Proceed Carefully.

Over the past few years, digital currency has earned the reputation for being the easiest and most efficient way to move money across international borders. Experts say the ability to accelerate the flow of money at a reduced cost, along with the fear of surveillance and the impact of war on the local currency are the primary reasons why Ukrainian government officials recently began requesting donations in cryptocurrency.

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Metaverso e Impuestos

El metaverso se refiere a un mundo virtual altamente inmersivo donde las personas puedrán reunirse para socializar, jugar, trabajar y comerciar con bienes y servicios virtuales (y no virtuales). Algunos lo llaman un universo paralelo, poblado por avatares y toda forma de elementos digitales (en forma de NFTs) que se encuentran en nuestro mundo diario.

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