posts tagged as Audit


Reporting and Audit Requirements for Provider Relief Fund Recipients

When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, it established the Provider Relief Fund (PRF) to support American families, workers and healthcare providers in the battle against COVID-19. read more


Federal Funding Terms Demystified

As a result of the COVID-19 pandemic, many entities are receiving federal funding for the first time through measures like the Coronavirus Aid, Relief, and Economic Security (CARES) Act, and subsequent relief bills. But with these funds... read more


The Latest in COVID-19 Funding Compliance Guidance

On December 22, 2020, the Office of Management and Budget (OMB) released the Addendum to the 2020 Compliance Supplement (the Supplement Addendum). The Supplement Addendum is important for organizations that accepted federal COVID-19... read more


Is Your Organization Audit Ready?

Whether you are facing an audit for the first time or you have been audited for years, making sure that your nonprofit organization is ready can be overwhelming, especially given the challenges of COVID-19. read more


What Plan Sponsors Need to Know About DOL Enforcement and Red Flags

Are your employee benefits and compensation plans being managed correctly? Penalties for failing to meet compliance obligations can be costly and devastating—and they fall upon plan sponsors, not service providers. Our latest blog post... read more


Internships at BDO

BDO internships aren’t about coffee runs, mountains of busy work, or an empty, lonely cubicle. Instead, you’ll have the opportunity to contribute, make genuine connections, and have a real impact on our organization. read more


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


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


An Introduction to Robotic Process Automation for Nonprofits

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


A New Tool for Evaluating Nonprofit Financial Fitness

How can you determine if your nonprofit is financially fit? Liquidity is an important part of the equation. Learn more about liquidity and new disclosure changes in our latest blog. read more