Articles From Lumsden McCormick
BDO Nonprofit Standards Benchmarking Survey
Posted by Donna Gonser on June 17, 2019
Get a sense of what not-for-profit groups are thinking about, the key issues and industry trends from modes of operations to technology and gear up to make your greatest impact this year!
Close-up on Professional Standards for CPAs
Posted by John Schiavone on June 17, 2019
CPAs rank among the most trusted professionals. And that trust is well warranted because of the extensive guidance that accountants and auditors must follow.
Nonprofits: You Too Could Fall Victim to a Celebrity Scandal
Posted by Maria Gambacorta on June 17, 2019
Public perceptions are difficult to influence at the best of times. If your nonprofit lands in the middle of a PR crisis thanks to a disgraced celebrity supporter, the worst possible action is to take none.
Does Your Nonprofit Need a CFO?
Posted by Peter DeSabio on June 17, 2019
Nonprofit CFOs do more than you may think. Depending on the size of the organization, they may oversee HR, IT, facilities and legal affairs, in addition to accounting. Find out whether you need a CFO.
Does Your Company Allow Vaping on the Job?
Posted by Stephanie Wilkinson on June 17, 2019
The question of whether or not to allow vaping at work can be a thorny one to tackle.
Don’t Let a Disaster Defeat Your Nonprofit
Posted by G. Scott Murray on June 14, 2019
No nonprofit can anticipate or eliminate all possible risks. But you can limit the damage of natural and manmade disasters and get back to work faster if you develop a continuity plan.
Predicting Future Performance
Posted by Sherry DelleBovi on June 14, 2019
CPAs don’t have a crystal ball, but they can estimate your company’s future performance.
IRS and Treasury Release Second Set of Opportunity Zone Guidance
Posted by Cory Van Deusen V on June 14, 2019
On April 17, 2019, the IRS and Treasury issued its much anticipated second set of proposed regulations under Internal Revenue Code, Section 1400Z-2, Special rules for capital gains invested in opportunity zones.
Can “Collective Impact” Help Your Nonprofit Accomplish More?
Posted by Jill Johnson on June 14, 2019
“Collective impact” projects can succeed in ways that simply aren’t available to individual nonprofit organizations, but these cross-sector initiatives can be complicated and time-consuming.
Divide and Conquer: How Joint Cost Allocating Works
Posted by Sarah Hopkins on June 14, 2019
In many cases, your nonprofit is allowed to allocate costs between fundraising and other functions as long as you meet three joint activities criteria. What are they?