Happy Holidays from the Nonprofit & Education Team! – Top Posts of the Year

As 2013 draws to a close and we look ahead to 2014, we’ve been reflecting on the first full calendar year of the Nonprofit Standard. Here are a few of our top posts, in case you missed them:

Why Nonprofit Organizations Need Effective Financial Dashboards
Adam Cole discusses how nonprofits can take a page from the for-profit sector in developing a cohesive, consistent way of reporting key financial performance metrics.

Ten Takeaways from OMB’s Proposed Guidance on Revisions to OMB Circular A-133
Laurie Arena De Armond outlines major changes on the horizon for Federal grant-receiving organizations as the result of OMB circular consolidation.

4 Trends Impacting Not-for-Profit Operations in the Coming Year
Our team helped develop this infographic looking at major trends set to shake up the industry in 2014.

Internal Audits: Do Higher Ed Institutions Really Need Another Audit?
Higher Education practice leads Michael Dannar and Tom Gorman discuss the importance of incorporating an internal audit process into your university’s operations.

Intermediate Sanctions and the Risks of Nonprofit Executive Compensation: What you Need to Know
Laura Kalick offers a summary of the risks and consequences of excess benefits paid to nonprofit leaders.

Investigative Due Diligence for Nonprofit Organizations
BDO Consulting’s Tim Mohr discusses how investigative due diligence can help your organization prevent and address possible fraud.

Three Things Every Nonprofit Board Member Should Focus on in 2013
Laurie Arena De Armond kicked off the year with a look at the top issues facing the nonprofit sector in 2013, including executive compensation, risk assessment and the U.S. debt debate.

Thank you for your continued readership, and on behalf of the entire Nonprofit & Education team here at BDO, we want to wish you a happy holiday and a prosperous New Year.