2021 Compliance Supplement Changes That Impact Higher Education Audits
September 23, 2021 - The 2021 Compliance Supplement includes changes to programs that specifically impact the audits of institutions of higher education. While these aren’t new regulations, they are new audit requirements that must be tested. Here’s a look at the changes.
The Current State of Ransomware
August 17, 2021 - No organization is immune to the threat of ransomware. Here are three key takeaways about the current state of ransomware, including risks and the potential impact — which can be far-reaching and long-lasting.
Where are the “Gotchas”? 10 HEERF Considerations to Be on the Lookout For
August 17, 2021 - Each of the three Higher Education Emergency Relief Funds has brought new eligibility, disbursement, and reporting requirements. Here are 10 considerations to watch for.
Synergies, Resources, and Culture: A Roadmap to Strategic Partnerships
August 17, 2021 - If your nonprofit is considering a strategic partnership, there are three critical pillars of success to focus on: synergy, resources, and culture. Here’s what to evaluate.
How to Take Your Ransomware Controls to the Next Level
August 17, 2021 - Ransomware is becoming increasingly complex, and baseline controls alone may not provide the level of protection you need. That’s why it’s important to consider evolving protections.
5 Steps to Maintain Donor Engagement in a Tumultuous Time
August 17, 2021 - Organizational resilience depends heavily on securing funding, and organizations are seeking out new ways to engage with donors. Follow these five best practices to help your organization maintain donor engagement during tumultuous times.
The Uniform Guidance – Some Ongoing Pitfalls
August 17, 2021 - Years into the implementation of Uniform Guidance, a few recurring matters continue to arise that lead to audit findings. Learn about common issues with subrecipient monitoring, equipment, and period of performance.
Understanding Ransomware: Malware in Its Cruelest Form
August 16, 2021 - Learn how ransomware works, what to do if your organization is attacked, and baseline controls to help your organization reduce your risk.
Accounting and Reporting for the Employee Retention Credit
August 12, 2021 - While the Employee Retention Credit helped to bring relief to nonprofit organizations affected by COVID-19, it also brought questions about accounting and reporting for this credit. Here are answers to help.
Implementing the New Gifts-in-Kind Presentation and Disclosure Standards
June 18, 2021 - FASB ASU 2020-07 requires new presentation and disclosure standards for contributed nonfinancial assets, also known as gifts-in-kind. Here’s what nonprofit organizations need to know.