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 most recent newsletter covers pressing challenges facing the nonprofit sector – from mitigating cybersecurity threats to deciphering new GASB and FASB regulations. Along with these insights from Karen Schuler and Patricia Duperron, Michael Ward tackles a common question nonprofits grapple with during financial hardship – to merge or not to merge? The issue also includes Laura Kalick’s perspective on upcoming nonprofit tax legislation and Lee Klumpp’s guidelines for nonprofits considering consolidating a for-profit partnership into their financial statements.
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