Nonprofit Resources
What Would Happen if Your Organization Was Hacked?
January 13, 2017 - Cyber attacks are a significant and growing risk and nonprofits, regardless of size, are not immune. Do you know what to do if your organization’s information systems or data are compromised?
Top Cybersecurity Myths and How to Overcome Them
The number of cyber breaches and incidents is skyrocketing, and that pattern will continue. So what should nonprofits be doing? This article examines two prevalent cybersecurity myths and the steps you can take to help protect your organization.
Preparing for the FASB Financial Reporting Standards Changes
The Financial Accounting Standards Board (FASB) has announced the most significant update to not-for-profit financial reporting in 23 years. The changes are significant, and it’s important to begin planning now.
Judge Delays Implementation of New Overtime Rule
November 28, 2016 - Texas Federal District Court Judge Amos L. Mazzant III issued a preliminary injunction temporarily delaying the implementation date of the new Department of Labor overtime rule scheduled to go into effect on December 1. This has left things in a state of flux.
IRS Extends Due Date for Some ACA Reporting Requirements
November 22, 2016 - The IRS has extended one of the due dates for 2016 information reporting requirements under the Affordable Care Act to give employers, insurers, and other providers additional time to gather and prepare the necessary information.
Nonprofit Issues Newsletter, Fall 2016
A look at how to prepare for the pending FASB financial reporting standards, insight on the new AICPA Not-for-Profit Certificate Program, and more.
FASB Issues ASU on Financial Statements for Not-for-Profit Entities
August 18, 2016 - The Financial Accounting Standards Board (FASB) today issued Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities.
Nonprofit Issues Newsletter, Summer 2016
This issue provides insight on a new cyber security threat targeting finance departments, what you need to know about the FASB ASU on leases, the latest nonprofit fraud statistics, and more.
New IT Security Threat Targeting Finance Departments On the Rise
A hacked email account. A perpetrator posing as a senior leader and requesting a fraudulent funds transfer. This may sound like a movie plot, but it is a reality we see playing out more and more. Learn more about this type of IT security breach and four recommendations for preventing it.
Overview of the FASB Accounting Standards Update on Leases
What you need to know about the FASB Accounting Standards Update (ASU) on financial reporting for leasing transactions, plus action items for consideration.