By Lee Klumpp | November 16, 2017

FASB Clarifies How Nonprofits Should Characterize Contributions

On August 3, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU), “Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made.” The ASU is intended to address challenges raised by stakeholders when trying to implement FASB’s new revenue recognition standard, and to clarify and improve the accounting guidance for contributions received and made by organizations. Read the latest BDO Nonprofit Standard blog post to get the full details on how the proposed ASU could affect your organization.


By Nonprofit Practice Leaders | October 19, 2017

Webinar: BDO Annual Nonprofit Tax Update

Are you up to speed on the latest tax news that can affect your nonprofit organization? Tune into BDO’s Annual Nonprofit Tax Update webinar, hosted by BDO’s National Nonprofit practice leaders, on Tuesday, October 24 from 1-2pm EDT to get a full overview of what’s happening in...


By Lewis Sharpstone | October 05, 2017

Is Your Nonprofit Compliant with State Registration & Audit Requirement Rules?

Did you know that 13 states consider the “donate” button on a nonprofit organization’s website an act of active solicitation in their state? Read an excerpt from the latest Nonprofit Standard newsletter to find out if you’re overlooking any state registration or audit...


By Nonprofit Practice Leaders | October 03, 2017

Webinar: Avoiding the Iceberg and Maintaining Organizational Health

In today’s business environment, it’s either sink or swim—is your organization doing all that it can to keep afloat? Join BDO’s Nonprofit and Education practice on Thursday, October 5 from 1-2pm EDT to learn more about how you can assess the health of your organization and...


By Nonprofit Practice Leaders | September 25, 2017

Hospital-Community Collaboration in the Value-Based Care Environment

Adam Cole and Patrick Pilch joined our friends at New York Nonprofit Media to discuss the benefits of collaboration between hospitals and community service care providers. With a changing healthcare industry, collaboration is key to lowering costs and improving patient outcomes.


By Nonprofit Practice Leaders | September 13, 2017

After Hurricane Devastation, IRS Outlines Ways to Assist

Hurricanes Harvey and Irma have wreaked havoc on the lives of thousands of Americans, leaving many looking for ways to assist those in need and achieve favorable tax treatment. The IRS has maintained historical guidance and made recent announcements that provide guidance for...


By Nonprofit Practice Leaders | August 31, 2017

Assess Yourself! A Nonprofit Benchmarking Webinar

Join our Nonprofit & Education practice leaders and The Nonprofit Times on September 6 for a discussion on top findings from Nonprofit Standards, our benchmarking survey. Learn how your nonprofit compares to the broader sector—and how to improve in areas where your...


By Nonprofit Practice Leaders | August 24, 2017

With Limited Resources, Nonprofit Financial Data is Key

Running a nonprofit takes blood, sweat and tears—and a steady stream of funding. Nonprofit Standards, BDO’s first annual nonprofit benchmarking survey, looks closely at the key financial metrics nonprofits should watch to keep tabs on their overall fiscal health.


By Andrea Wilson | August 14, 2017

Good News for Stragglers: OMB Issues a Uniform Guidance Procurement Grace Period Extension

If you still need to update your procurement process to get compliant with the OMB’s Uniform Guidance—or if the changes you already made have given rise to new challenges—there’s good news for you. In May, the OMB implemented an additional grace period of one fiscal year for...