posts tagged as Compliance

By Tammy Ricciardella | July 26, 2017

Regulation Roundup – New Updates from the OMB

Recent announcements from the Office of Management and Budget (OMB) offer important information on the grace period for implementing Uniform Guidance procurement standards and the release of the 2017 Compliance Supplement. Read on for... read more

By Nonprofit Practice Leaders | June 12, 2017

Introducing BDO’s First Nonprofit Benchmarking Survey

To help nonprofits assess their key metrics, The BDO Institute for Nonprofit ExcellenceSM developed Nonprofit Standards, a benchmarking survey designed to provide tax-exempt organizations with a barometer to measure... read more

By Nonprofit Practice Leaders | March 14, 2017

We Wrote the Book on Nonprofit Financial Reporting

Nonprofit financial reporting has never been more complicated. How to Read Nonprofit Financial Statements: A Practical Guide is a new book from BDO that helps nonprofits design and prepare financial statements that comply with the new... read more

By Laura Kalick | March 09, 2017

IRS Stresses New Processes at Annual Tax Exempt and Government Entities Meeting

After the recent IRS Tax Exempt and Government Entities Council Meeting, it's clear IRS auditors will focus on transparency, efficiency and effectiveness this year. To do this, the IRS has implemented new processes and rules all exempt... read more

By Jeff Schragg | March 01, 2017

Country by Country Reporting: Unnecessary Compliance Burden for Exempts?

A coalition of 134 developing nations (Group 77), in partnership with China, recently appealed to the United Nations to create a new tax body to create tax proposals tailored to the specific needs of the developing world. Group 77s... read more

By Robert Kaelber | February 21, 2017

IRS Focuses on Employment Tax Issues During Tax Exempt Organization Audits

With tax filing season well underway, organizations of all sizes are beginning to identify areas of potential noncompliance, and for nonprofits, a common culprit is employment tax issues. read more

By Laura Kalick | February 02, 2017

From the Archives: UBI Issues: Is Your Organization at Risk?

Update: We originally shared this post on risks related to Unrelated Business Income (UBI) back in 2014, and although time has passed, this topic should still be top-of-mind for many nonprofit organizations. read more

By Tammy Ricciardella | January 26, 2017

A Deeper Dive Into ASU 2016-14 Implementation Issues

Three of the nonprofit financial reporting areasinvestment expenses, liquidity and availability disclosures and internal net asset designationsthat will be impacted by the Financial Accounting Standards Board (FASB) ASU 2016-14, Not-for... read more

By Nonprofit Practice Leaders | January 06, 2017

Year in Review: Our Top Posts of 2016

On behalf of all of us at BDO, we wish you a happy and healthy New Year! Now that the bustle and festivities of the holiday season are behind us, were looking back at some of the most-read posts and hottest topics from the Nonprofit... read more

By Nonprofit Practice Leaders | January 05, 2017

Webinar: The Changing World of Compliance Risk for Nonprofit Organizations

​Join us on Tuesday, January 24, from 1-2pm EST, for our first installment in the 2017 BDO Knowledge Nonprofit and Education webinar series. read more