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Not-for-profit update: Brighter days ahead

At our recent not-for-profit CPE Recharge event, we asked participants to identify their top three concerns. Overwhelmingly, 83% of respondents identified financial stability as their number one concern, with the remote workforce coming in second at 57%, and cybersecurity and government funding tied for third place as top concerns at the organization.

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A new auditor's report: Seven changes to know

The Auditing Standards Board (ASB), an independent board of the American Institute of CPAs (AICPA) that establishes auditing rules for not-for-profit organizations (as well as private company and federal, state, and local governmental entities) has decided it was high time to revisit the auditor’s report, and update it to provide additional information about the audit process that stakeholders have been requesting.

 

Provider Relief Funds: HHS Post-Payment Notice of Reporting Requirements

The rules over the use of the HHS Provider Relief Funds (PRF) have been in a constant state of flux and interpretation since the funds started to show up in your bank accounts back in April. Here is a summary of where we are as of June 14, 2021 on HHS’ reporting requirements.

 

Employee Retention Credit: Additional guidance for employers claiming it under the CARES Act

Recently, the IRS issued additional guidance for employers claiming the employee retention credit (ERC). What can you claim, how much, and how do you determine qualified wages? Our experts have the answers to these questions and updates on broadened eligibility requirements, increased claim amounts, and other items employers should consider when claiming the credit.

 

Well-being at work: Good for people, good for business

A positive workplace culture makes a big difference when it comes to the success of our clients, particularly in their ability to attract, retain, and bring out the very best in their talent. One of the most meaningful ways to cultivate a positive workplace culture is to create an environment that places a strong emphasis on supporting individual well-being and human connection.

 

2021 NFP Recharge event resources now online

We hope our attendees found our virtual event to be a valuable learning opportunity. Whether you were able to attend or not, the presentations, recordings, and other helpful information from the event are available to you, now on our website.

 

Have questions?

Contact our NFP team

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