Month: September 2025

Conforming Changes to AICPA Technical Q&As: Key Insights for Accountants

Conforming Changes to AICPA Technical Q&As: Key Insights for Accountants

Nonprofit Update (PPC) / By

The American Institute of CPAs (AICPA) recently updated several Technical Question and Answers (Q&As) to reflect conforming changes required by SAS 145, Understanding the Entity and Its Environment and Assessing the Risk of Material Misstatement, and modifications to FASB Accounting Standards Codifications (ASCs). While these Q&As are not authoritative sources of accounting principles, they provide …

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What the 2025 Act Means for the Nonprofit Sector: Key Insights

What the 2025 Act Means for the Nonprofit Sector: Key Insights

Nonprofit Update (PPC) / By

On July 4, 2025, President Trump signed the 2025 Act (formerly known as the One Big Beautiful Bill or OBBB) into law. While most media coverage has focused on businesses, families, and national security, several provisions directly affect tax-exempt organizations. Understanding these changes is critical for nonprofits, charitable trusts, and other exempt organizations aiming to …

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Defining the Boundaries of Religious Freedom: Key Supreme Court Rulings

Defining the Boundaries of Religious Freedom: Key Supreme Court Rulings

Nonprofit Update (PPC) / By

Recent Supreme Court and appellate court decisions have highlighted the delicate balance between protecting religious freedom and maintaining constitutional neutrality in public institutions. These rulings clarify the scope of the Free Exercise Clause and the Establishment Clause, impacting parents, religious organizations, and public schools. Here’s a detailed look at four key cases shaping the current …

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Should Oversight of Tax-Exempt Organizations Move Outside the IRS?

Should Tax-exempt Oversight Move from the IRS?

Nonprofit Update (PPC) / By

Should the Tax-Exempt and Government Entities Division (TEGE), which oversees tax-exempt organizations, operate as an independent agency rather than within the IRS? This question has sparked significant debate, with arguments for and against separating TEGE from the IRS’s broader tax-collection mission. Advocates argue that TEGE would benefit from dedicated resources and enhanced transparency, while opponents …

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Navigating Financial Statement Changes Amid Federal Funding Uncertainty

Navigating Financial Statement Changes Amid Federal Funding Uncertainty

Nonprofit Update (PPC) / By

With federal funding in flux, nonprofits are facing significant uncertainty that may affect their financial statements. Grant freezes, delayed payments, and pending legislation could disrupt operations and complicate accounting practices. Understanding how these shifts impact classifications, disclosures, and other financial reporting elements is crucial for nonprofits navigating this period of volatility. In this blog, we …

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SDA helped us put together a successful bid for creating our massive entertainment village in downtown Ft. Lauderdale. They're amazing to work with! Very professional and supportive. We look forward to continuing to work with SDA as we grow.
Jeff John, Damn Good Hospitality Group
JEFF JOHNCEO, Damn Good Hospitality Group
SDA served as a consultant for us while we were doing project management for a construction job. They have excellent business acumen, are highly professional and truly value being a partner with us. We enjoy our relationship with SDA and look forward to continued future success.
MARK BLANCHARD
MARK BLANCHARDVP Strategic Development, AECOM
We’ve worked with SDA for several years on various projects within our legal and finance departments. They also helped us secure a grant for our new practice facility in downtown Fort Lauderdale. SDA really is the smarter way to do business!
Matthew Caldwell
Matthew CaldwellPresident & CEO, Florida Panthers Hockey Club
Tanya and the SDA team have done a great job for us - especially in helping us navigate and resolve some complex issues surrounding our audit work. They've been a consultant for us for a number of years and have also been consistently supportive of our community efforts. We truly value our relationship with SDA.
W. Ajibola Balogun - City Manager, City of West Park
W. Ajibola BalogunCity Manager, City of West Park
SDA has always done excellent work. Our financial auditing and bond control reviews are completed thoroughly and timely, and their team has been very accessible to help us address and analyze key issues whenever they may arise. In short, they’re a solid business partner we’re grateful to have.
Jennifer Andreu
Jennifer AndreuFormer Assist. Super., Miami-Dade County Public Schools
We are so pleased with the experience that we’ve enjoyed over the past 20 years with SDA. All of you were so timely and resourceful, serving as a trusted business partner, assisting with our fiscal controls, handling our financial auditing, smart bonds work and more. We couldn’t be happier with your services.
Torey Alston
Torey AlstonFormer Board Member, Broward County School Board
As the mayor of one of South Florida’s leading cities, I know it takes an incredible team around you in order to achieve a citywide vision for your constituents. SDA is one of those highly reliable teams I’m proud to say supports us well in our efforts of continuous improvement, accountability and transparency for the people of the city of Miramar.
Mayor Wayne Messam
Mayor Wayne MessamCity of Miramar, Florida
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