Why Do Nonprofits Need Financial Statement Services? Part 2: Federal Compliance

Federal compliance requirements like single audits require nonprofits to have financial statement services performed.

2023-01-18T10:36:36-05:00January 18, 2023|Categories: Audit & Assurance, Not-for-Profit|Tags: , , |

Why Do Nonprofits Need Financial Statement Services? Part 1: State and Grantor Compliance

Nonprofit compliance requirements vary from state to state. Private foundations, agencies, and other grantors often have their own requirements, too. It’s important for organizations to understand what these are before accepting any funding.

2022-12-21T08:04:01-05:00December 20, 2022|Categories: Audit & Assurance, Not-for-Profit|Tags: , , |

Ways to Give Back: Alternatives to Establishing a Nonprofit

Individuals considering starting their own nonprofit may be underestimating the cost and complexity to operate a sustainable organization. There are alternatives, like working with an existing nonprofit, creating a donor-advised fund, and other options.

2022-11-15T14:28:18-05:00November 15, 2022|Categories: Not-for-Profit|Tags: , |

Not-for-Profit Document Retention Policies and Guidelines

Document retention policies are a necessary part of nonprofit management, but not everyone knows how to go about file storage. Now that organizations are back in the office, it’s an excellent time to review their document management strategy.

2022-10-31T12:28:42-04:00October 31, 2022|Categories: Not-for-Profit|Tags: |

Free Resource Guides for Nonprofits

The VSCPA has released four free resource guides for nonprofit organizations to aid them in financial matters. Updated by specialists on the PBMares Not-For-Profit Team, topics include budgeting, income tax issues, responsibilities and risks, and auditing.

2022-10-11T12:02:05-04:00October 4, 2022|Categories: Not-for-Profit, Tax: Exempt Organizations|
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