Nonprofit Resources
Nonprofit Issues Newsletter, June 2024
June 25, 2024 - Learn about forensic accounting, the amended Title IV regulations, outsourced accounting services, a new bipartisan Clergy Act, school voucher program considerations for K-12 schools, and more.
Building Efficiency and Success: Client Accounting Services for Educational Institutions
June 24, 2024 - As educational institutions and other nonprofit entities seek ways to increase their efficiency and maximize their resources, many are considering outsourced accounting services. These services can expand the capacity of an in-house team, add expertise, free up employees to focus on other important functions, and more.
IRS Provides an Update on Employee Retention Credit Claim Processing
June 21, 2024 - The IRS has provided an update on Employee Retention Credit (ERC) claim processing, including whether it will lift the processing moratorium in place since last September. Here are the key takeaways.
2024 OMB Compliance Supplement Now Available
June 11, 2024 - The 2024 Compliance Supplement, which applies to entities subject to audits in accordance with 2 CFR Part 200, has been released by the U.S. Office of Management and Budget. Here’s a summary of key changes, including changes in the Student Financial Assistance Cluster and information on the effective date for the new threshold for Single Audits.
Overview of the Amended Title IV Regulations Effective July 1
May 28, 2024 - Learn about the amended Title IV regulations related to financial responsibility with our latest article and download our helpful summary of triggering events.
Don’t Become a Statistic: Four Tips for Preventing Fraud at Your Organization
May 15, 2024 - There are many ways fraud can be committed at a nonprofit organization. Here are four tips, based on the latest research, to help prevent fraud at your organization.
Overview of the Amended Title IV Regulations
May 24, 2024 - The U.S. Department of Education has amended the Title IV regulations to strengthen its ability to identify high-risk events promptly, and the amended regulations are effective July 1, 2024. Here’s a look at the updated financial responsibility requirements.
What is Forensic Accounting – and When Might Your Nonprofit Need It?
May 7, 2024 - Knowing your options for investigating and responding to suspected or alleged fraud now can help your organization respond quickly and effectively if it occurs. This includes understanding what forensic accounting is and when your organization might benefit from this specialized service.
FSA Clarifies Certain Information Security Requirements Under GLBA
May 3, 2024 - The Federal Student Aid office has clarified service provider relationships for GLBA compliance and the timeframe for breach notification, two important updates related to the Gramm-Leach-Bliley Act (GLBA).
CapinTech Cyber Series: Incident Management: An Effective Response Starts Now
July 17, 2024 - In today’s unpredictable world, nonprofits must be prepared for a variety of incidents — including cyberattacks. In this recorded webcast, we discuss practical steps, strategies, and considerations for developing an incident management plan that can aid your organization in detecting and responding quickly to an incident.