Liquidity – What’s all the Fuss About?
Liquidity is crucial for not-for-profit (NFP) and for-profit entities alike to have the right amount of liquid and non-liquid resources available when needed to accomplish an organization’s mission....
View ArticleYou’re Invited: Annual Nonprofit Audit and Accounting Update
Please join BDO for our sixth session in the 2015 BDO KNOWLEDGE Nonprofit and Education Webinar Series, “Annual Nonprofit Audit and Accounting Update.” This webinar will take place on Thursday, October...
View ArticleThis One KPI Can Be the Difference Between Nonprofit Success and Bankruptcy
Before New York’s Federation Employment and Guidance Service (FEGS) filed for bankruptcy last year, nobody saw it coming. The nonprofit was 80 years old and had $260 million in revenues, but lurking...
View ArticleExamining Nonprofit Liquidity Issues: A New Look at Government Contracts
New York’s Human Services Council (HSC), which helps member organizations address and meet human service needs more effectively, issued a report this month that served as a call to action—and a...
View ArticleVIDEO SERIES: Lee Klumpp on the FASB’s Nonprofit Accounting Standards Updates...
Recently, our own Lee Klumpp recently sat down with Accounting Today to discuss the latest development in the FASB’s Not-For-Profit Financial Statement Reporting Project, the resulting changes to...
View ArticleYou’re Invited: Webinar on Special Compensation Issues for Nonprofit...
Join us this Thursday, April 21, for the third session in our 2016 BDO KNOWLEDGE Nonprofit and Education Webinar Series, “Special Compensation Issues for Nonprofit Organizations.” The CPE-accredited...
View ArticleAlert: Changes to Charity Navigator’s Rating System
Influential assessment organization Charity Navigator unveiled a new rating system Wednesday, June 1, that it says gives donors a better picture of organizations’ performance over time.The nonprofit...
View ArticleThe Summer Nonprofit Standard Newsletter is Live
For an inside perspective on current trends in the nonprofit industry and their financial ramifications: look no further than the latest issue of BDO’s Nonprofit Standard now available on BDO.com. The...
View ArticleBiggest Change to Nonprofit Financial Reporting in 20 Years Has Arrived
The Financial Accounting Standards Board (FASB) has just released the Accounting Standards Update (ASU), Not-for-Profit Entities (Topic 958) and Health Care Entities (Topic 954) – Presentation of...
View ArticleReader Poll: What’s Your Take on the New FASB Standard?
Last week, we announced the much-anticipated arrival of the biggest change to nonprofit financial reporting in over twenty years. As our readers know, the Financial Accounting Standards Board (FASB)...
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