Search Results for: Seven Ways to Reduce Your Audit Costs
Seven Ways to Reduce Your Audit Costs
Dennis Walsh, a certified public accountant, shares seven ways nonprofits can reduce the costs around the auditing process.
Get the Most Value from Your Audit
Audits are expensive in terms of money, staff time, and board attention. CPA Dennis Walsh tells us how to wring the most value from them.
What Nonprofits Need to Know About Audits
Audits don’t have to be scary with proper planning. Here’s how to use audits to your advantage and solidify public trust in your nonprofit.
Is It Time for an Audit?
Is an audit worth the expense for a nonprofit’s board of directors in these tough economic times?
Attorney Recommends Review Instead of Audit
A nonprofit considered moving away from having an annual audit to having a review, and the board wanted a legal opinion before making a decision.
Nonprofits: How to Survive an IRS Audit
The true life story of an environmental organization’s audit, how they survived, and their tips for the rest of us.
How to Hire a Great Accountant for Your Nonprofit
FAQs on hiring accountants for nonprofits, including what to do if you’re having an impossible time of it.
Nonprofit Bookkeeping Test
This 21-question quiz samples from general bookkeeping knowledge as well as nonprofit bookkeeping and compliance matters. Use this assessment test as part of your hiring toolkit as well as for identifying staff training needs.
An Agreed-Upon-Procedures (AUP) Success Story
CPA Dennis Walsh discusses how using an Agreed-Upon-Procedures Engagement can done at much lower cost than audits to benefit nonprofits.
A Board Member’s Guide to Nonprofit Overhead
Calculating overhead rates and managing expenses are important roles. Board members need to bring an informed perspective to oversight.
The Art of Grant Budgeting: A Guide for Nonprofit CFOs
Is your organization’s CFO ready to put together a grant proposal budget that will make an impact with potential funders?
A Primer on Financial Audits for Nonprofits – Live Q&A
Douglas Cook, CPA with Cook & Company and Stephen D. Mayer with SD Mayer & Associates LLP discuss what to expect and how to prepare your nonprofit for a financial audit.
A Board-Staff Agreement for Financial Accountability
Use this helpful template, and a discussion on the finance committee with the ED and the finance staff to clarify roles around accountability.
Too Many Nonprofits? No — There Aren’t Enough Good Nonprofits
A vibrant, rough-and-tumble ecosystem of nonprofits serves our society best — rather than bemoan its complexity, we should treasure it.
Role of the Nonprofit CFO in Executive Management: The CFO-ED Relationship
The efforts you make to meet the ED’s needs and assert your needs will pay off for both the ED, the CFO and the community.
Sarbanes-Oxley and Nonprofits: Bogeyman in the Boardroom?
Although Sarbanes-Oxley wasn’t aimed at nonprofits, some saw the law’s passage as a wake-up call for nonprofits.
Nonprofit Embezzlement: More Common and More Preventable Than You Think
Embezzlement is especially painful for community nonprofits. Here are the most common types of nonprofit embezzlement and how you can deal with them.
Outsource Your Bookkeeping!
Outsourced accounting — having the accounting done by an outside person or firm — isn’t new, but it is getting a second look as nonprofits search for ways to cut office costs.
The Ultimate Guide to Nonprofit Fundraising in 2025
Fundraising Fuels Your Nonprofit’s Mission Like it or not (probably not), fundraising represents an integral aspect of the nonprofit world. In fact, it is often listed second only to leadership in the executive director’s job description, frequently appearing before program management. As anyone who has tried to implement nonprofit programming will tell you: It’s as […]
Nonprofit Grant Proposal Budget Calculations: A Road Map
Nonprofit grant proposal budgeting tips: Five common challenges and strategies for calculating grant proposal numbers.