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Our Partners & Staff write about governmental & nonprofit services, employee benefit plan audits & schools. We share our insights with our blog  articles and white papers.

Make sure you check out our blog and white papers on a regular basis. They’re guaranteed to stimulate and challenge you!

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Are You Evaluating Mission Effectiveness?

By Edmund Fosu-Laryea, CPA and Joe McGrory, CPA The Role of an Audit Committee One of the primary roles of a Board of Commissioners is to provide oversight of the financial management for an organization. They may accomplish this through…

Managing Partner’s Message – January 2020

What could be better than a fresh new year – how about a fresh new decade! At Barbacane, Thornton & Company we are looking forward to what the next decade will bring. We anticipate that technology will continue to play…

Are You Evaluating Mission Effectiveness?

Are You Evaluating Mission Effectiveness? According to a recent Oracle NetSuite, only 20% of nonprofit executives believe they are very effective at demonstrating outcomes. This statistic and plenty of others comes from NetSuite’s study, Connecting Dollars to Outcomes. The software…

Here’s What Your Nonprofit Needs to Know About New Revenue Recognition

Here’s What Your Nonprofit Needs to Know About New Revenue Recognition FASB’s Revenue Recognition Standards significantly affected revenue recognition practices for most organizations. The changes, while apparent for many, were not so for many nonprofits. In response to the standard’s…

FASB Extends Deadlines in Response to Overwhelmed Preparers

Lease Accounting Changes Following concern over the new lease accounting changes, the Financial Accounting Standards Board (FASB) has made the decision to delay the effective dates for three major standards. The new Accounting Standards Update (ASU) will give private companies…

2019 winner of CPAsNET’s - A Great Place to Work Award.

2019 winner of CPAsNET’s – A Great Place to Work Award.

Barbacane, Thornton & Company is  the 2019 winner of CPAsNET’s A Great Place to Work Award. Recognized for their standard of excellence as an employer of choice, Barbacane, Thornton & Company LLP joins a select number of firms nationwide to…

How the Taxpayer First Act Will Impact Nonprofits

How the Taxpayer First Act Will Impact Nonprofits By: Jeffrey A. Kowalczyk CPA CFE CGAP, Partner Barbacane, Thornton & Company The Taxpayer First Act (the Act) of 2019 was signed into law on July 1, 2019. The bill, having gone…

Operational Transparency Is the Key to Effective Crowdfunding

Operational Transparency Is the Key to Effective Crowdfunding By: Steven Kutsuflakis, CPA, Partner Barbacane, Thornton & Company In recent years, crowdfunding has grown in popularity as means of fundraising. Crowdfunding is a powerful tool to raise money for various charitable…

4 Ideas for Nonprofit Workspace Giving Programs

4 Ideas for Nonprofit Workspace Giving Programs By: Edmund Fosu-Laryea CPA Barbacane Thornton & Company An increasingly common thread among workers in nonprofit and for-profit companies is their desire to participate in community service. In general, staffers of the 21st…

Managing Partner’s Message – September 2019

Back to school!! Everyone that I have come into contact with recently has mentioned the dread/excitement/anticipation/uneasiness/fear of this annual ritual that happens every August/September depending on where you live and when schools start. But why does it matter if you...