posts tagged as Finance


By Nonprofit Practice Leaders | December 22, 2017

How Tax Reform Will Impact Nonprofits

In a dramatic push before the holidays, Congress passed a final tax reform bill on December 20, marking the largest change to U.S. tax policy in decades. This bill was positioned as a Christmas gift for Americans, but nonprofits may be... read more


By Laura Kalick | December 06, 2017

Tax Reform’s Potential Impact on Nonprofits

The GOP is not the only group feeling anxious as it rushes to pass tax reform before the holidays—so are many nonprofits, who fear they may have gotten the short end of the stick when it comes to beneficial provisions. What do nonprofits... read more


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... read more


By Nonprofit Practice Leaders | November 07, 2017

Nonprofits Face Increasing Reporting Pressure According to Polling Data

We polled over 700 nonprofits during a recent webinar on our benchmarking survey. Read on for their thoughts on staffing, reporting and more. read more


By Laura Kalick | October 26, 2017

IRS Issues 2018 Work Plan for Tax Exempt Organizations

What do non-profits need to know now to prepare for 2018? With the 2018 Work Plan for Tax Exempt Organizations now released, Laura Kalick says now is the perfect time for organizations to review their records, read up on 2018 changes for... read more


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... read more


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... read more


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... 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 Nonprofit Practice Leaders | July 13, 2017

Listen to our Annual Nonprofit Accounting and Auditing Update

Are you up to speed on the FASB and AICPA projects that could impact the nonprofit sector? Join us on Tuesday, July 25 at 1 pm EST, for our Annual Accounting and Auditing Update. read more