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Alison Fetzer, CPA

Alison Fetzer, CPA

Author's details

Name: Alison Fetzer, CPA
Date registered: March 13, 2013



Alison has been with ORBA since 2005 and is a senior staff member on many of her engagements. She has led and supervised numerous audit engagements and performed a variety of reviews, compilations and monthly accounting work for both privately-held companies and not-for-profit organizations. In addition, Alison prepares all of the necessary tax (information) filings for these clients. She also has experience analyzing financial statements, applying construction contracting accounting methods and providing training and support to small business owners and not-for-profit clients.

Latest posts

  1. The New Audit Requirements Under GATA: The Grant Accountability and Transparency Act — July 12, 2016
  2. GATA: The Grant Accountability and Transparency Act — January 15, 2016
  3. Not-For-Profit Group Newsletter – Summer 2015 — September 1, 2015
  4. The Hidden Dangers of Marginal Employees — January 27, 2015
  5. Starting Your Own Not-For-Profit — February 13, 2014

Author's posts listings

Jul 12

The New Audit Requirements Under GATA: The Grant Accountability and Transparency Act

Until recently, Illinois recipients and subrecipients who expended less than $500,000 in federal funds (and now $750,000 under the new Uniform Grant Guidance) breathed a sigh of relief as they were exempt from the rigorous world of the Single Audit (now referred to as Uniform Guidance). However, with the passing of the Illinois’ Grant Accountability and Transparency Act (GATA) in 2014, that is no longer the case. This article details the new audit requirements to which a not-for-profit organization must adhere to be in compliance with GATA.

Jan 15

GATA: The Grant Accountability and Transparency Act

In an ongoing effort by the State of Illinois and the granting community to streamline the grant reporting and monitoring processes, the Grant Accountability and Transparency Act, 30 ILCS 708 (GATA) was created. Effective July 1, 2015, all state, federal and federal pass-through awards are subject to the federal rules. This article highlights key details you should know about GATA.

Sep 01

Not-For-Profit Group Newsletter – Summer 2015

Summer 2015 Changes to Not-For-Profit Reporting Alison Fetzer, CPA The Financial Accounting Standards Board (FASB) issued Proposed Accounting Standards Update (ASU) Not-for-Profit Entities (Topic 958) and Health Care Entities (Topic 954) – Presentation of Financial Statements of Not-for-Profit Entities in April 2015. The intended purpose of this ASU is to improve GAAP for Financial Statement… Continue reading »

Jan 27

The Hidden Dangers of Marginal Employees

Unfortunately, almost every office seems to have that one employee who performs below the needs of his/her organization. More often than not, instead of terminating this employee, organizations keep them on to their detriment. This blog discusses the risks of keeping these marginal employees.

Feb 13

Starting Your Own Not-For-Profit

So you decided that 2014 is going to be the year you finally make your dream of starting your very own not-for-profit organization a reality. Now what? Here are a few important steps to get your not-for-profit started.

Nov 21

Not-For-Profit Group Newsletter – Fall 2013

Does your not-for-profit receive and make use of endowments? The term “endowment” is a frequently misused term in the not-for-profit world. A true endowment consists of funds received from external donors with restrictions that the principal or gift amount is to be retained in perpetuity and cannot be spent.

Jun 05

The Must Have Policies Not Required by the IRS

An important key to success for any not-for-profit organization is having the right governance policies and procedures in place. Conveniently, with the redesign of the form 990, the IRS has put together a short but important list of suggested policies and procedures.

Mar 13

Tips for Protecting Your Not-For-Profit Organization from Fraud

In a time where funding is scarce, fraud is proving to be devastating to not-for-profit organizations and the communities that they service. According to the 2012 Report to the Nations on Occupational Fraud & Abuse, published by the Association of Certified Fraud Examiners (ACFE), organizations lose an estimated five percent of their annual revenue as a result of fraud.