Nonprofit Update
Over the last four months
An exempt organization should
consider adopting a new, or reviewing
(at least annually) an existing, gift
acceptance policy.
New Guidance to Consider for 2021-2022 Attest Engagements
As you plan for the 2022 nonprofit
attest season, there are several new
standards to keep in mind.
Related of Unrelated Income – A Primer
Whether or not an organization’s income is related or unrelated to their stated exempt purpose is an extraordinarily important question.
In-relation-to Opinion on the SEFA with Out-of-period Amounts
Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), section 200.515(a) requires the auditor to give an opinion…
2022 PAST ISSUES
2021 PAST ISSUES
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