Nonprofit Issues Newsletter, October 2020
Key Considerations for Budgeting in Changing Times
There is still considerable uncertainty about the global pandemic and its long-term effects, and budgeting effectively when so much is unknown can feel overwhelming. The six considerations and steps in this article can help you assess and modify your budget to the new realities we encounter.
Don’t miss our new e-book, How to Budget Effectively in Changing Times. Download your free copy for a guide to creating a strategy-driven budget for your ministry.
And join us for a free webcast on How to Budget Effectively in Changing Times on October 29 at 1 p.m. Eastern.
FASB Approves Accounting Updates to Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets
FASB has issued an Accounting Standards Update (ASU) intended to improve transparency in the reporting of contributed nonfinancial assets, also known as gifts-in-kind, for not-for-profit organizations. Read more.
The Need for Vendor Management: Outsourcing the Support but Not the Oversight
With the growing threat of cyber breaches, it’s crucial for organizations to have a vendor management program. Learn what this program should entail, which vendors to include, and other key considerations in this article.
“Are We Paying Our Executives Appropriately?”
Executive compensation is an important issue, and COVID-19 has created new considerations and challenges. Answering these three questions will help your organization determine if you’re paying your executives appropriately.
Cybersecurity Awareness Month
October is Cybersecurity Awareness Month, and we’re sharing articles, checklists, tips, and other resources to help reduce the cyber risks for your employees and organization. Here’s a look at what we’ve shared so far.
Employee Spotlight: Emily Toler
Partner Emily Toler joined CapinCrouse in 2009 and has 20 years of experience providing audit and tax services for employee benefit plans. She currently oversees approximately 70 benefit plan audits and related filings.
““I love that I can put my accounting and employee benefit plan experience to work in helping nonprofit organizations that share our values,” Emily noted. “At CapinCrouse, it’s truly about the relationships.” Learn more about Emily.
Join Us at a Free Webcast
We’re offering several free, informative webcasts in the coming weeks. Click to learn more and register.
- How to Budget Effectively in Changing Times – October 29 at 1 p.m. Eastern
- Challenges (and Opportunities) to Funding Ministry in 2021 – November 4 at 2 p.m. Eastern
- Managing Cybersecurity Concerns Under Budgetary Constraints – November 12 at 1 p.m. Eastern