Nonprofit Resources
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).
Four Steps to Reduce Year-end Fraud Risks
April 26, 2024 - All nonprofit organizations are at risk for fraud. It’s particularly important to be aware of this risk at the end of the year, when donations typically increase and staff members are busy.
New Department of Labor Overtime Rule for Exempt Employees Finalized
April 26, 2024 - A new Department of Labor rule that increases the salary thresholds required to exempt a bona fide executive, administrative, or professional employee from federal overtime pay requirements has been finalized. The first salary threshold increase will go into effect on July 1, 2024.
Nonprofit Issues Newsletter, April 2024
April 25, 2024 - Topics in this issue include the new accounting standard for expected credit losses (CECL), the current economic forecast, how to evaluate your accounting software needs, and student financial aid best practices for K-12 schools.
What’s Your Organization’s Fraud Risk?
April 25, 2024 - Fraud can wreak tremendous damage not just on a nonprofit’s finances, but on its reputation and donor confidence as well. The latest fraud statistics include trends and warning signs nonprofits should be aware of.
Adopting CECL: What Nonprofits Need to Know
April 24, 2024 - The new accounting standard for expected credit losses, commonly referred to as CECL, is now in effect. Here are answers to frequently asked questions about CECL and insight on what nonprofits need to know as they implement the new standard.
How to Evaluate the Effectiveness of Your Accounting Tech Stack
April 24, 2024 - Effective accounting software solutions and automation can provide nonprofit organizations with significant benefits. These steps will help you evaluate the effectiveness of your current accounting software and calculate the cost of making a change.
Webcast for Nonprofits: Navigating Current Nonprofit Fraud Risks
May 21, 2024 - Fraud is a pervasive threat for nonprofits, but there are steps you can take to reduce your organization’s risk. Watch this free recorded webcast for a look at current fraud trends and best practices. We share the latest data, red flags to watch out for, and best practices to help safeguard your organization.