In The News

NFP E-News Update  May 23, 2013
The Colleges and Universities Compliance Project, begun in 2008 by the IRS, distributed 400 questionnaires to a randomly-selected sample of schools to ensure compliance with current regulations. Based on responses to the questionnaires and details of the respective Form 990s, the IRS selected 34 of these colleges and universities for further review and found that unreported unrelated business income (UBI) in higher education was found in almost every case examined by the IRS. Read More

NFP E-News Update  May 16, 2013
A retirement plan can have a lot of benefits for non-profit organizations and their employees. Experts estimate that workers will need 70 to 90 percent of their pre-retirement income to maintain their current standard of living when they retire. By sponsoring a retirement plan, an organization will help their employees save for their future. Read More

NFP E-News Update  May 9, 2013
The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) No. 2012-05, Statement of Cash Flows (Topic 230): Not-for-Profit Entities: Classification of the Sale Proceeds of Donated Financial Assets in the Statement of Cash Flows. Read More


 


About Blue [ History ]

 

Blue blends accounting with accountability and advising with advocacy to provide consulting and certified public accounting services to organizations throughout the Midwest. Since 1970, we have maintained a solid reputation for serving clients with quality business advice, consulting assistance and compliance services.

 

From the beginning, we've believed that an independent accounting firm should provide management with suggestions and ideas that will enhance the success of the entire organization. This philosophy has worked well for us. We've become one of the largest CPA and consulting firms in the country and take pride in the Midwestern focus that lets us work side-by-side with our clients.