Nonprofit Resources

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Nonprofit Issues Newsletter, August 2023

Insight on nonprofit CEO compensation, cyber insurance, and how authentication issues can affect financial data and financial statement audits.

 

5 Common Questions About Nonprofit CEO Compensation

In the unique world of nonprofits, many decision-makers may be unsure of how to determine appropriate compensation for their organization’s executives, particularly the CEO.

Read our answers to common questions about nonprofit CEO compensation, including how to determine a peer group for compensation comparisons, approach cost of living or merit increases, and more.

 

Cyber Insurance for Nonprofits: What it Looks Like, How it’s Priced, and What to Expect

The effects of a cyber incident can be significant, costly, and long lasting. While cyber insurance won’t prevent a cyber incident, it can help organizations manage the impact if one occurs.

There have been many changes in cyber insurance over the past few years. Learn what cyber insurance entails, how it is priced, and what to expect as you explore options for your organization.

 

Newsbits

How Authentication Issues Can Affect Financial Data and Financial Statement Audits

It’s important to be aware of authentication risks and current best practices and considerations related to authentication controls. CapinTech Partner Allison Ward explains why traditional authentication controls can be ineffective and provides steps to stronger defenses in this Journal of Accountancy article.

 

Join Us at a Free Upcoming Webcast

We’re offering free webcasts on a range of topics in the coming months. Click on a title to learn more and register!

  • CapinTech Cyber Series: 18 Critical Security Controls, Part 2 – We’ll discuss important security controls for nonprofits and how to apply them within your organization. Wednesday, August 30 at 1 p.m. EDT. You can watch the recording of Part 1 here.
  • Important GLBA Updates, Part 2 – In the final session of our webcast series on the Gramm-Leach-Bliley Act (GLBA), we’ll delve more into the information security program requirement and what that can look like for higher education institutions. Wednesday, September 13 at 1 p.m. EDT. You can watch the recording of Part 1 here.
  • Student Financial Aid Q&A Series: Transitions in Financial Aid Processing, Part 1 – Join with colleagues to have your questions answered and brainstorm ways to meet the compliance requirements that changed with the Free Application for Federal Student Aid (FAFSA) simplification. Thursday, October 19 at 1 p.m. EDT. You can submit your questions here.

 

CapinCrouse Named a Top 200 Firm and Best Workplace

We are honored to have been named a Top 200 Firm by INSIDE Public Accounting for the seventh consecutive year, moving up 16 spots on the list from 2022 and demonstrating the firm’s continued strong organic growth. The annual list recognizes the 200 largest accounting firms in the nation, based on U.S. net revenue.

CapinCrouse was also designated a Certified Best Workplace by the Best Workplaces Institute for the third year in a row. This certification is based exclusively on employee feedback and highlights our firm’s deep commitment to providing a healthy, engaging, and empowering work environment that supports our employees in their professional and personal development.

We sincerely appreciate our dedicated clients and team members who make our continued success possible. Thank you!

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