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Nonprofit

It's All In the Experience: Why Nonprofit Experience is Key for Your Audit Firm

When selecting an audit firm for your non-profit organization, experience matters—especially...

Dissecting Audit Proposals: What to Look for in Your Firm

When your organization is gearing up for your annual audit, selecting the right CPA firm is a...

Keeping Your Mission at the Forefront: Strategies for Nonprofit Organizations

At the heart of every nonprofit is a mission—a driving force that defines its purpose and guides...

Subscription-Based Information Technology Arrangements, GASB Statement No.96

The Governmental Accounting Standards Board mandates that governments adopt the provisions of the...

Data Quality for Nonprofits

Poor data quality poses a threat to every organization, including nonprofits. When data is...

Subrecipient Risk Assessments and Monitoring for Federal Grant Recipients: Best Practices

One of the most critical aspects of federal grants management is subrecipient risk assessments and...

Expanding Electronic Filing Mandate by IRS for 2023 Tax and Information Returns

Recently, the Internal Revenue Service (IRS) finalized regulations that require the mandatory...

Managing Compensation for Disqualified Individuals

In this article, we will explore the management of compensation for disqualified individuals within...

Demystifying Allocation of Expenses in Nonprofit Organizations

When contemplating the primary objectives of their finance department, numerous nonprofits...

Challenges of Managing an Endowment

Endowments are long-term investments that generate income to support nonprofit organizations'...