Nonprofit Resources
Cybersecurity – IT Takes a Village
Cybersecurity is no longer the responsibility of the IT department alone. Involve your board or an appropriate management oversight committee to ensure that cybersecurity remains a top priority.
Gifts-in-Kind: Reporting Contributions of Nonfinancial Assets
Since the standards for recognizing contributions at their fair value were issued in 1993, NFPs have been challenged to measure the value of the myriad contributions they receive. This controversial area is once again being addressed by watchdog agencies and state attorneys general and, thus, is one that NFPs should navigate with care.
The Current State of Higher Education: Key Issues and Trends
While the higher education industry is large and complex, there are several trends affecting schools of all types and sizes. Faith-based higher education institutions are not immune to these trends.
First-Time Employee Benefit Plan Audits: What to Expect
Certain employee benefit plans with 100 or more eligible participants may be required to engage an independent auditor to audit the plan’s financial records. Although the audit process may seem daunting, it can go smoothly with a little bit of planning and organization. These tips will help you prepare.
5 Suggestions to Perfect Your Audit Committee Charter
These five suggestions should be considered for strengthening even a great audit committee charter.
An Introduction to Robotic Process Automation for Nonprofits
Robotic Process Automation (RPA) allows organizations to automate certain types of work processes to reduce the time spent on costly manual tasks and increase efforts to deliver mission-critical work. Learn how it could benefit your nonprofit.
Cybersecurity Month: Smart Devices in the Home and Office
October 5, 2018 - One of the fastest-growing cybersecurity risks in the home can also be a big risk in the office: Internet of Things (IoT) devices.
IRS Clarifies Deductibility of Business Meals
October 4, 2018 - Since the passage of the Tax Cuts and Jobs Act, there have been a lot of questions about how reimbursement for meals should be treated. Now the IRS has issued guidance.
A Key Cash Flow and Reserves Ratio for Churches
This important ratio shows the days of operating cash and investments your church has on hand to fund annual cash expenditures, specifically related to very liquid assets.
IRS Clarifies Taxability of 2017 Moving Expenses
September 24, 2018 - The IRS has clarified that 2017 moving expenses paid or reimbursed in 2018 are not subject to federal income or employment taxes.