posts tagged as Compliance

Robotic process automation (RPA) is helping both for-profit and nonprofit organizations do more with less. How are businesses using it today, and how can nonprofits adapt it for their needs? Joe Sremack, director of BDO’s Data Analysis &... read more

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

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

What responsibilities do restaurant management have in evaluating going concern and disclosing uncertainties? Read our new Selections post for an overview of the FASB guidance, as well as considerations for evaluating an entity’s ability... read more

What makes an effective nonprofit data privacy program? One that aligns with an organization’s business, involves key stakeholders, and includes ongoing monitoring and controls, among other factors. Read the Nonprofit Standard’s latest... read more

What prompted the FASB to release its new revenue recognition standard, and how can nonprofits prepare? BDO’s Lee Klumpp and Carla DeMartini answer these questions and more in a recent New York Nonprofit (NPN) Media podcast. read more

The new tax law profoundly impacts tax-exempt organizations. What are the top six tax reform-related issues nonprofits will need to address? Find out in BDO’s latest Nonprofit Standard blog post. read more

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

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

The General Data Protection Regulation (GDPR)—the most sweeping change to data privacy in twenty-plus years—goes into effect this May, and nonprofits can’t afford to assume it doesn’t apply to them. Organizations with EU-based employees,... read more