posts tagged as Compliance


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 Nonprofit Practice Leaders | October 19, 2017

Webinar: BDO Annual Nonprofit Tax Update

Are you up to speed on the latest tax news that can affect your nonprofit organization? Tune into BDO’s Annual Nonprofit Tax Update webinar, hosted by BDO’s National Nonprofit practice leaders, on Tuesday, October 24 from 1-2pm EDT to... 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 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 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