The role of the nonprofit CFO has grown far beyond the four corners of a financial statement. How has it evolved, and what can CFOs do to advance their organization’s mission? Our latest blog post, which recaps the CFO Panel at BDO’s 2018 Annual Nonprofit Summit, offers some key takeaways.
What makes an effective nonprofit data privacy program? One that aligns with an organization’s business, involves key stakeholders, and includes ongoing monitoring and controls, among other factors. Read the Nonprofit Standard’s latest blog post for best practices on how to...
What prompted the FASB to release its new revenue recognition standard, and how can nonprofits prepare? BDO’s Lee Klumpp and Carla DeMartini answer these questions and more in a recent New York Nonprofit (NPN) Media podcast.
A nonprofit mission statement is more than just words – it represents everything an organization stands for. But what are the ingredients for a strong mission statement that communicates impact?
A recent Q&A issued by the Financial Accounting Standards Board (FASB) indicates that nonprofits can apply guidance from the Securities and Exchange Commission (SEC) for applying Topic 740, Income Taxes, as it relates to tax reform.
The new tax law profoundly impacts tax-exempt organizations. What are the top six tax reform-related issues nonprofits will need to address? Find out in BDO’s latest Nonprofit Standard blog post.
The internal audit function is vital to the health of any nonprofit, regardless of mission or scope, but often deals with challenges from regulations to resources. This is part two in our series on what keeps internal audit up at night. This part 2 highlights additional areas...
The internal audit function is vital to the health of any nonprofit, but faces many challenges both internally and externally. We’re reviewing the top ten things keeping internal audit up at night in a two-part series on the Nonprofit Standard blog.
New technology holds the potential to revitalize tired fundraising campaigns, but the latest digital craze is not the be-all and end-all. In a new Nonprofit Standard blog on the continued relevance of traditional fundraising tactics, Andrea Wilson encourages nonprofits to...
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