Compliance: Best Practices for Nonprofit Accounting

33% of nonprofit organizations have lost funds due to compliance issues.¹ Beyond securing future funding opportunities, remaining in compliance makes audits smoother, strengthens your nonprofit’s reputation, and ensures your organization is able to operate and demonstrate good fiscal stewardship.

Join us for a helpful discussion of recent nonprofit-specific regulatory updates and compliance best practices so that you can be confident your organization is in good standing.

We will cover:  

• Recent revisions to the OMB* Uniform Guidance for federal grants
• Important FASB updates to US GAAP
• Reducing errors when navigating payroll tax regulations
• Tracking and reporting on fixed assets, invoices/expenses and grants in real time
• And more! 

¹MIP Fund Accounting and GiveSmart 2024 Research Study

*U.S. Office of Management and Budget (OMB)