posts tagged as Federal Grants & Contracts


By Lee Klumpp | June 21, 2018

Are Grants Subject to Revenue Recognition?

Today, the Financial Accounting Standards Board (FASB) issued clarified guidance on accounting for contributions. To help nonprofits understand the changes, the Nonprofit Standard blog outlines a practical example of how to classify a... read more


By Nonprofit Practice Leaders | June 11, 2018

Nonprofits, Arm Yourselves with Data from our 2018 Benchmarking Survey

In a world where nonprofit watchdogs and well-intentioned stakeholders are scrutinizing nonprofit metrics and outcomes, it’s time to take ownership of your organization’s data. Our new benchmarking survey can help. Read more in the... read more


By Andrea Wilson | February 15, 2018

Shaking Off the Stigma of Indirect Costs

The “burden” of indirect costs remains one of the top concerns for both nonprofit organizations and their donors. Faced with limitations on indirect cost recovery from private foundations, shrinking federal dollars, and the increasing... read more


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... read more


By Kristy VanderMolen | August 02, 2017

How to Create and Use Tribal Governments’ Financial Statements: New Guide

Tribal governments in the United States face unique challenges when it comes to financial reporting. Historically, accounting best practices haven’t taken these into account. read more


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 Adam B. Cole | July 06, 2017

A Nonprofit Liquidity Crisis is Brewing

Nonprofit federal and state funding could be on the chopping block—and few organizations have enough operating reserves to fall back on. Data from Nonprofit Standards, our first annual nonprofit benchmarking survey, provides insight into... 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 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 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