4 Steps for Next Level Cybersecurity
Given the high stakes, it’s vital to ensure that your organization has sufficient cybersecurity protection. These four steps go beyond the basic cybersecurity practices you should follow to help you further strengthen your organization’s cybersecurity defenses.
A Deeper Dive Into ASU 2016-14 Implementation Issues – Part Two
This article takes an in-depth look at two areas of Accounting Standards Update (ASU) 2016-14: expense reporting and reclassification upon expiration of donor-imposed restrictions.
IRS Focuses on Employment Tax Issues During Tax-Exempt Organization Audits
Based upon the IRS’ continued focus on employment tax issues, it is imperative that tax exempt entities review their policies and processes and invest in initiatives and resources to ensure compliance.
Best Practices for an Effective Investment Committee
While an investment committee can operate successfully with a variety of structures and approaches, these best practices can make any investment committee more efficient and effective.
Four Questions to Ask About Executive Compensation at Your Organization
Nonprofit organizations need to attract and retain qualified leadership. But many nonprofit leaders are unaware of the intricacies of the IRS requirements for executive compensation — and of the significant penalties that can arise if the IRS deems compensation “excessive.”
What You Need to Know About the WannaCry Ransomware Program
This was potentially the largest cyber attack the world has ever seen. Here's what you need to know, including steps to protect your organization and what to do if you become a victim.
How to Reduce Your Cybersecurity Risk
As recent headlines illustrate, cyber attacks are a real and growing risk for all organizations. Fortunately, there are steps you can take to strengthen your organization’s defenses and respond quickly and effectively when an attack occurs.
Three Best Practices for Successful Nonprofit Mergers
While a lot has been written about the benefits of strategic nonprofit mergers and acquisitions, they can be challenging to accomplish. Fortunately, there are several best practices nonprofit leaders can follow to successfully guide their organization through the merger process.
5 Steps to Strengthen Your Organization’s Cybersecurity Defenses
All nonprofits are at risk of a cyber breach. These five steps will help you understand the key issues and risks and how your organization can strengthen its cybersecurity defenses.
What Nonprofits Need to Know About the FASB Financial Reporting Standards Changes
The impact of the financial reporting changes in FASB ASU 2016-14 will be substantial for many nonprofits. This article explains key reporting changes nonprofits need to be aware of and begin planning for.