Effective Finance Governance Protects Your Organization Unlike public companies, an audit committee is not required by not-for-profit boards. In fact the Stanford Graduate School of Business 2015 Survey on Board…
By Reggie Novak, CPA, CFE Ciuni & Panichi, Inc. senior manager and certified fraud examiner Is Your Not-for-Profit a sitting duck? Not-for-Profits generally have limited administrative personnel and often lack…
NFP Endowments Every nonprofit dreams of receiving a large endowment that will keep it financially worry-free in the future and allow it to fulfill its mission with ease. But, in…
A board is a nonprofit’s backbone. Your board is your nonprofit’s backbone, responsible for the strategic decisions and fiscal oversight that keep your organization running and your reputation with the…
A Titanic Loss What would happen if your nonprofit lost its federal tax-exempt status? The thought might send shivers down your spine, and it should. Here are reminders about some…
The Fiduciary Responsibilities of the Board Fraud happens everywhere, in all industries and in companies of all sizes, and research by the Association of Certified Fraud Examiners (“ACFE”) shows that…