April 19, 2023 - The deadline for compliance with the updates to the Gramm-Leach-Bliley Act (GLBA) is nearing, with a due date for full compliance in June 2023. In part one of this two-part series, we examine why GLBA is important for higher education institutions and why it is more than just a compliance issue.
April 13, 2023 – In Part 2 of our webcast series, we discuss additional common and costly mistakes for churches to avoid, including not optimizing your financial operations team and not preparing for new financing opportunities.
April 12, 2023 - With the concern about the stability of the banking industry and increased focus on the risk associated with deposits over the FDIC-insured limit of $250,000, how can you make sure your church is protected? Here are some suggestions for next steps and ways you can mitigate your risk.
March 22, 2023 - Watch our free recorded webcast to learn about the current state of ransomware and how it can impact nonprofits. We discuss foundational, baseline controls as well as evolving protections that can help your nonprofit prevent ransomware and respond quickly and effectively if it enters your organization.
March 14, 2023 - The next round of Higher Education Emergency Relief Fund (HEERF) required annual reporting for Year 3 (January 1, 2022, to December 31, 2022), is due no later than March 24, 2023, for institutions that expended HEERF grant awards during this time frame.
March 13, 2023 - In light of the current questions being raised about the U.S. banking system, organizations should be aware of the importance of the required financial statement disclosure regarding cash deposits in excess of FDIC insurance. This disclosure provides the required information regarding an organization’s cash deposits in excess of the federally insured amounts.
March 6, 2023 - Free enhanced online access to accounting rules developed by the Financial Accounting Standards Board and the Governmental Accounting Standards Board is now available. This includes advanced features for searching, navigating, copying and pasting, and printing.
February 28, 2023 - Insight about the current economic forecast and the impact of inflation on nonprofits, recent IRS updates, additional guidance on Pell Grant and Direct Loan reconciliation, and more.
February 28, 2023 - From managing budgets like nothing has changed to ignoring vulnerabilities that lead to fraud, we explain common and costly mistakes to avoid and provide practical steps you can take as you work to maximize your ministry’s impact.
February 27, 2023 - Nonprofit leaders need to make strategic decisions amid ongoing uncertainty. Here are key takeaways from our recent discussion about the current economic forecast and the impact of inflation on investments, contributions, and employee compensation.
