BDO’s annual benchmarking survey, Nonprofit Standards, guides organizations in the discovery of untapped resources and opportunities to navigate a post-COVID world.
PPP Forgiveness Changes Passed as Trump Signs Bill
In another win for small businesses, they now have an extended period of time to spend PPP funds and still qualify for forgiveness of the loans.
Deadline Extensions For 403(b) and Defined Benefit Plans
The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, extends several key deadlines for 403(b) and defined benefit plan sponsors.
How does the CARES Act Help Nonprofits and Higher Education Institutions?
While the programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act are primarily intended to assist businesses, there are many programs that nonprofits and higher education institutions can benefit from.
OMB Guidance Provides Relief to Federal Award Recipients Amid COVID-19
To help provide some assistance, the Federal Office of Management and Budget (OMB) released a memo on March 19, 2020, providing federal agencies with guidance for managing grants and cooperative agreements during the COVID-19 pandemic.
Coronavirus Strikes Nonprofits in More Ways Than One
The rapid spread of COVID-19 around the world has impacted all sectors. The nonprofit industry is no exception—in fact, they face more challenges than most. This article outlines a few tips nonprofit organizations can use to minimize the risks associated with coronavirus.
Nonprofits Have One More Year to Comply with New Lease Accounting Standards
FASB recently announced an extension for private companies that must become compliant with new lease accounting standards. What many nonprofits may not know is that this requirement applies to them, and they only have one year to go.
AnchorPoint Accounting and Clark Anderson McNelis & Co. Joins Harris CPAs
Harris CPAs has announced a merger with AnchorPoint Accounting of Boise, Idaho and Clark Anderson McNelis & Co. of Coeur d’Alene, effective January 1, 2020. The mergers adds a total of 11 professionals to Harris CPAs Meridian and Coeur d’Alene offices.
5 Ways To Be More Prepared For Your Nonprofit’s Audit
Preparation is the key when it comes to making your nonprofit’s annual audit process a smooth and painless process.
Tips for Fine Tuning Your Budget Process
Does your nonprofit budget paint a clear picture of what your nonprofit plans to accomplish in the upcoming year? Here are some factors to consider when building your budget for the upcoming year, including setting goals, board involvement, and formatting.