posts tagged as Finance


By Barbara Finke | October 06, 2020

If, When and How Nonprofits Should Consider Reforecasting their Budgets

The pandemic has inspired many nonprofits to reflect on what’s working well for their organizations and what could be working better. Discover important considerations nonprofits should keep in mind when it comes to reevaluating how they... read more


By Lee Klumpp | September 28, 2020

New Government Accountability Office (GAO) Report: Update on the Paycheck Protection Program’s (PPP) Loan Audit Process

On September 21, the Government Accountability Office (GAO) released its third report regarding its oversight of the federal government's COVID-19 pandemic response. Discover what nonprofits should keep in mind when it comes to how the... read more


By Tammy Ricciardella | September 24, 2020

New Accounting Standards Update On Nonprofit Gifts-in-Kind

The Financial Accounting Standards Board (FASB) has issued the anticipated Accounting Standards Update on presentation and disclosures of contributed nonfinancial assets for nonprofits. Our latest blog post details how the gifts-in-kind... read more


By Lee Klumpp | July 21, 2020

Congress Passes the Protecting Nonprofits from Catastrophic Cash Flow Strain Act to Assist Nonprofit Organizations

On July 2, 2020, the Senate unanimously passed legislation to assist nonprofits and governmental entities. The House passed the bill in a pro forma session on July 9, 2020. The bill is now headed to the president for his signature. read more


By David Clark | July 06, 2020

Higher Education and COVID-19: Tips for Navigating Federal Relief Funding

When the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, approximately $14 billion was earmarked to support post-secondary education students and institutions through the Higher Education... read more


By Nonprofit Practice Leaders | May 07, 2020

What You Need to Know About FEMA Public Assistance Program Funding

As a result of the novel coronavirus (COVID-19) pandemic, many nonprofits may qualify to receive reimbursements from the Federal Emergency Management Agency (FEMA) under its Public Assistance Program. Our latest blog post has everything... read more


By Nonprofit Practice Leaders | April 09, 2020

7 Steps for Nonprofits to Manage a Crisis

As the novel coronavirus (COVID-19) pandemic upends our daily lives, nonprofits are being called on to deliver their services under extraordinary circumstances. Read our latest post to learn how nonprofits can navigate crisis and fulfill... read more


By Nonprofit Practice Leaders | April 03, 2020

How does the CARES Act Help Nonprofits and Higher Education Institutions?

While the programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act are primarily intended to assist businesses, there are many programs nonprofits and higher education institutions can benefit from. As... read more


By Andrea Wilson | March 13, 2020

Coronavirus Strikes Nonprofits in More Ways than One

The rapid spread of COVID-19 around the world has impacted all sectors. The nonprofit industry is no exception—in fact, they face more challenges than most. Read our latest blog for more on how organizations can minimize the risks... read more


By Andrea Wilson | September 26, 2019

Getting Rid of the Gap in Nonprofit Funding

It’s no secret that closing the gap between grant funding and the actual costs of nonprofit operations is an industry-wide challenge, but to date little has been done. BDO is helping change that, in collaboration with some of the country... read more