March 18, 2019 Automating Your Accounting Department Robotic process automation (RPA) is the wave of the future. While most RPA initiatives target “core” business operations, routine accounting … Read More
March 8, 2019 Divide And Conquer: How Joint Cost Allocating Works In many cases, your nonprofit is allowed to allocate costs between fundraising and other functions as long as you meet … Read More
March 8, 2019 Vehicle-Expense Deduction Ins And Outs For Individuals Rather than keeping track of your actual vehicle expense deductions, you can use a standard mileage rate to compute related … Read More
March 8, 2019 Audits Home In On Cybersecurity Breaches Technology creates both opportunities and risks. Have you identified and safeguarded against potential breaches of your digital assets and data? Read More
March 6, 2019 Reporting Stock Compensation Paid To Non-Employees Good news for businesses that pay nonemployees with stock or stock options: The accounting rules for reporting stock compensation have … Read More
March 4, 2019 Does Your Nonprofit Adequately Protect Whistleblowers? A formal whistleblower policy is critical to protecting your not-for-profit’s financial security and public reputation. Your policy should state which … Read More
February 27, 2019 D&O Insurance: Some FAQs For Nonprofits Directors and officers (D&O) liability insurance enables board members to make decisions without fear that they’ll be personally responsible for … Read More
February 25, 2019 Auditing Cashless Transactions Does your business accept cashless payments, such as credit cards, PayPal, Venmo or even Bitcoin? If so, your auditors may … Read More
February 22, 2019 How To Convince Donors To Remove “Restricted” From Their Gifts Restricted gifts can be difficult for not-for-profits to manage. Unlike unrestricted gifts, these donations can’t go into your general operating … Read More
February 20, 2019 Public Companies To Disclose Stock Hedging Policies And Practices Some public companies issue stock compensation to help align the financial interests of company insiders and shareholders. But the prevalence … Read More
February 20, 2019 Warning! 4 Signs Your Nonprofit Is In Financial Danger To avert potential disaster and ensure your not-for-profit’s long-term survival, board members need to be alert to subtle signs of … Read More
February 8, 2019 Is Your Nonprofit Ready for a Raffle? Raffles are popular fundraisers for not-for-profits. But they’re subject to strict tax rules. State laws on nonprofit-sponsored raffles vary, but … Read More
