Nonprofit

By Michael Conover I have previously discussed the inevitable transition of numerous baby boomers holding leadership posts in nonprofit organizations. The topic has been well-covered

By Marc Berger, CPA, JD, LLM On Aug. 21, 2018, the Internal Revenue Service (IRS) released Notice 2018-67 (Notice), providing tax-exempt organizations and their tax

By Lee Klumpp, CPA, CGMA The FASB clarifies longstanding question for nonprofits. Nonprofits received long-awaited clarification on a key accounting question from the Financial Accounting

By Lee Klumpp, CPA, CGMA The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and

By Ken Eye and Andrea Wilson The internal audit (IA) function is vital to the health of any nonprofit, regardless of mission or scope. The

By Lewis Sharpstone, CPA The quality and completeness of the audit committee charters that I have seen typically range from very good to great. This

By Laura Kalick, JD, LLM in Taxation Does your tax-exempt organization provide transportation and parking benefits to employees? If so, you may have another commuter

By Karen Schuler, CFE, IGP, IGP and Taryn Crane, PMP Notwithstanding the EU General Data Protection Regulation (GDPR)—the most sweeping change to data privacy in

By Michael Conover Valid information on competitive pay levels and practices for “… similarly qualified persons in comparable positions at similarly situated organizations” has long