Covers the most important developments affecting not-for-profit entities and the issues auditors may face.
Taking you straight to what you need to know in the coming year, this alert covers current business environment issues, accounting and auditing challenges, and changes on the horizon for not-for-profit entities (NFPs). Learn about the following emerging practice issues:
Gain knowledge, in an easily digestible format, about legislative and regulatory issues like the unrelated business income tax and changes to IRS Form 990-T as well as a discussion of the 2020 OMB Compliance Supplement.
Prepare yourself — through targeted discussions of current economic, accounting, and auditing issues affecting not-for-profits —for informed conversations about risk.
Learn about economic, legislative, regulatory, and standard-setter changes affecting not-for-profit entities in 2021.
Browse samples of the updates covered.
Among other topics, this alert focuses on risks related to recent nonprofit industry trends, NFP accounting and financial reporting changes, changes in exempt organization tax compliance.
Also included is information on emerging issues such as:
Awareness of key trends affecting the nonprofit environment informs audit planning, risk management, strategic planning, and oversight, thereby promoting greater success and sustainability of not-for-profit entities.
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