posts tagged as BDO Audit Committee Guide


By Tammy Ricciardella | February 10, 2020

FASB Issues Proposed Standard Related to Reference Rate Reform

With LIBOR on its way out, FASB has issued a proposed Standards Update governing a wide range of necessary contract modifications triggered by reference rate reform. It’s also laid out several temporary optional practical expedients to... read more


By Lee Klumpp | December 10, 2019

Nonprofits Have One More Year to Comply with New Lease Accounting Standards

FASB recently announced an extension for private companies that must become compliant with new lease accounting standards. What many nonprofits may not know is that this requirement applies to them. They have one year to go. What do they... read more


By Lewis Sharpstone | September 04, 2018

5 Suggestions to Perfect Your Audit Committee Charter

Most nonprofits already have good audit committee charters, but why settle for good? Consider taking five steps to strengthen your audit committee charter and go beyond one that simply articulates the committee’s core responsibilities. read more


By Laurie De Armond | August 09, 2018

Maintaining Single Audit Quality in a Time of Change

For government auditors, the release of the new Yellow Book on Generally Accepted Government Auditing Standards means they will need to navigate significant changes while maintaining a focus on quality. read more


By Nonprofit Practice Leaders | March 20, 2018

10 Things Keeping Internal Audit Up at Night – Part 2

The internal audit function is vital to the health of any nonprofit, regardless of mission or scope, but often deals with challenges from regulations to resources. This is part two in our series on what keeps internal audit up at night... read more


By Nonprofit Practice Leaders | March 15, 2018

10 Things Keeping Internal Audit Up at Night – Part 1

The internal audit function is vital to the health of any nonprofit, but faces many challenges both internally and externally. We’re reviewing the top ten things keeping internal audit up at night in a two-part series on the Nonprofit... read more


By Nonprofit Practice Leaders | 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 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


By Nonprofit Practice Leaders | March 24, 2017

We Launched a New Nonprofit Resource Hub!

Introducing BDO's new Nonprofit Resource Center! Looking for guidance on pressing nonprofit challenges? This centralized hub has everything you need. read more