Arts & Cultural Articles
Using Remote Workers? Protect Sensitive Company Data from Exposure
Posted by on October 08, 2020
During the COVID-19 pandemic, many companies have shifted to work-from-home arrangements to protect the safety of their workers. This trend is expected to continue even after the pandemic ends. Unfortunately, the chances of intellectual property theft (or inadvertent loss) are generally greater when employees work at home.
Should Your Nonprofit Adopt Remote Work Permanently?
Posted by Sarah Hopkins on October 07, 2020
In many organizations, both employees and employers have become accustomed to remote work and want to make it permanent. But before your nonprofit breaks its office lease, it needs to consider several factors.
Monitor Overtime Pay for Your Remote Workers: DOL Guidance
Posted by Timothy Bubar on September 22, 2020
Employers already know they must pay non-exempt employees for every hour they work, however, when those employees work from home it's harder to keep track of those hours. The Department of Labor has just issued a "field assistance bulletin" to remind employers of what's required.
Monitor These 3 Things as Your Nonprofit’s Priorities Change
Posted by Robert Torella on August 10, 2020
Several months into the COVID-19 crisis, most not-for-profits have formulated at least a temporary plan for sustaining operations, but short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives.
Employers - Prepare to Comply with Year End Reporting of Qualified Sick and Family Leave Wages Paid
Posted by Mark Stack on July 29, 2020
The IRS recently issued Notice 2020-54 regarding employers’ requirement to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under the Families First Coronavirus Response Act (FFCRA), (P. L. No. 116-127).
Federal Reserve Proposes Expanding Main Street Lending Program to Nonprofit Organizations
Posted by Cory Van Deusen V on July 20, 2020
Previously, nonprofit organizations were not eligible to participate in the program given their absence of EBITDA, a key underwriting metric required for the three existing MSLP facilities. However, the Federal Reserve then evaluated the feasibility of adjusting the borrower eligibility criteria and loan eligibility metrics of the program for nonprofit organizations.
BDO Nonprofit Standard | Summer 2020
Posted by on July 17, 2020
Take a look at the summer 2020 edition of BDO's Nonprofit Standard.
Strengthening Internal Control in the COVID-19 Environment
Posted by Sara Dayton on July 17, 2020
This article provides five tips that nonprofit organization management should consider to strengthen their internal control environment in response to a remote environment.
Looking Ahead – an Assessment of the Future of Higher Education Amidst the Impacts of COVID-19
Posted by Sarah Hopkins on July 17, 2020
As the initial surge in activity associated with campus closures has ended, we’re now left to evaluate the impact and review lessons learned from the transition.
2020 BDO Nonprofit Standards Benchmarking Survey
Posted by on July 17, 2020
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!