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Forging New Paths
The RSM nonprofit practice consists of professionals who meet the assurance, tax and consulting service needs of organizations in areas such as: federal award compliance, international, technology and more. Our objective is to maintain the most current information available related to developments for nonprofit organizations so you can focus on success and not regulations.
Nonprofit board governance requires a clear understanding of the difference between board members and organization management.
Audit committee roles and responsibilities are under increased scrutiny following financial compliance reporting incidents in recent years.
RSM helped US Veterans Initiative transition to the cloud and stabilize their IT infrastructure. Watch the video to learn more.
Nonprofit organizations often have a higher risk of fraud, but can limit this risk by implementing effective processes and controls.
FASB has been busy developing a number of new standards, and the time has come for many of them to be implemented.
FINANCIAL REPORTING INSIGHTS
A recent FASB ASU extends the scope of two private company accounting alternatives to not-for-profit entities.
Tax-exempt private schools can satisfy publicity requirement by posting nondiscriminatory policies to their websites.
District of Columbia OTR will no longer require an affirmation letter from an organization renewing its tax-exempt status.
National Practice Leader
A bi-monthly publication dedicated to providing ideas and education to tax exempt organizations.
Provides organizations with valuable benchmarking information on a real-time basis.