Guidance And Best Practices

The Effective Audit Committee Guide, OMB Uniform Guidance, and the FASB Financial Reporting Guidance have moved to our newly launched BDO Institute for Nonprofit ExcellenceSM Resource Center.  Our resource center is a collection of insights, information, and tools the Institute offers, including weekly posts from thought leaders, nonprofit and education guides, webinars, and newsletters.



Newsletters and Alerts

The Nonprofit Standard Newsletter is published by BDO USA’s Institute for Nonprofit Excellence and provides financial information for tax-exempt organizations.

Visit for the full list of our past Nonprofit & Education Newsletters and Alerts.


Nonprofit & Education Guides

The Nonprofit & Education practice has developed helpful guides to assist tax-exempt organizations with fiscal and operational management.

  • Executive Review Guidelines for the IRS Form 990 (PDF Download)
    This manual provides IRS guidelines and helpful suggestions to assist in the review of the 990, including ways to analyze the overall health of an organization, industry standards, best practices for policies and procedures, and supplementary checklists.
  • Effective Audit Committees for Nonprofit Organizations (PDF Download)
    Adopting and maintaining an audit committee is a best practice for nonprofit organizations, and is actually required by some states. This guide provides insights and specific recommendations around guidelines and rules for effective nonprofit audit committees and associated governance practices.



BDO’s Nonprofit & Education Practice is also pleased to share with you a series of on-demand webinars providing insights and vital information about regulation, reporting, fraud and accounting matters unique to the nonprofit community.

Visit for the full list of our upcoming webinars and our archived webinars.


Recommended Reading

Here are a few of the blogs and news outlets on our “must read” list: