Blog
Is Your Organization Audit Ready?
By Barbara Finke, CPA Whether you are facing an audit for the first time or you have been audited for years, making sure that your organization is ready might feel…
Strengthening Internal Control in the COVID-19 Environment
Due to its mission-driven purpose, a nonprofit organization’s financial and operational sustainability is significantly impacted by its environment. Natural disasters, economic slowdowns and unforeseen events are just a few factors…
IRS Proposes Excise Tax Relief For Exempt Organization Executive Compensation Under Code Section 4960
By Marc Berger, CPA, JD, LLM, Alex Lifson, MBA, MST, Norma Sharara, JD, and Joan Vines, CPA In June 2020 the IRS proposed regulations under Internal Revenue Code (IRC) Section…
Federal Reserve Proposes Expanding Main Street Lending Program to Nonprofit Organizations
By Robert Berdanier, CPA, David Duski, CPA, Paul Peterson, CPA, and Joyce Underwood, CPA On June 15, the Federal Reserve announced a proposed expansion to its Main Street Lending Program…
Looking Ahead – an Assessment of the Future of Higher Education amidst the Impacts of COVID-19
By David Clark, CIA, CFE, CRMA The spring of 2020 was witness to an unprecedented disruption to life as we know it. The onset of the novel coronavirus (COVID-19) and…
Strengthening Internal Control in the COVID-19 Environment
By Carla DeMartini, CPA Due to its mission-driven purpose, a nonprofit organization’s financial and operational sustainability is significantly impacted by its environment. Natural disasters, economic slowdowns, and unforeseen events are…