Did you participate in our poll in the May Nonprofit Insights? If you did, thank you! We have highlighted the results below and you’ll see new thought leadership and webinars around these topics throughout the summer and fall. In the meantime, be sure to read up on the changes to cybersecurity under the new federal guidelines for Uniform Guidance. And if you’re attending this year’s AICPA & CIMA Not-for-Profit Industry Conference, stop by our exhibit and meet our team. Happy Summer!
Amy Boland, CPA
Partner & Director of Audit Services
In our May newsletter, we asked you which topics are still pressing concerns for your organization? The top three include a tie for third place. Thank you for taking our poll!
Accounting Software/ERP
Fundraising
Cybersecurity and Software/Technology Assessments (tie)
Look for more on these topics in the coming months.
AICPA & CIMA 2024 Not-for-Profit Industry Conference
June 17 - 18
GRF’s Richard Locastro and Lisa Heller will participate in several sessions at this year’s Not-for-Profit Industry Conference. Our firm will also be featured in the exhibit hall so please visit our booth to meet our team.
Understanding Reasonable Cybersecurity Measures under New Federal Guidelines for Uniform Guidance
Cybersecurity has skyrocketed to the number one slot on many surveys and experts’ risk rankings as noted in GRF’s Top Risk for Nonprofits and Associations report. In response to the evolving landscape of cybersecurity threats, the Office of Management and Budget (OMB) has introduced language in the recently updated Guidance for Federal Financial Assistance aimed at strengthening information security measures for recipients and subrecipients of federally sourced funds.
Setting Sail: Why Now is the Time to Get Onboard with Accounting Automation
As we navigate the ever-changing waters of business, it’s essential to have the right tools and strategies to chart a course for success. And what better time than now to hoist the sails of accounting automation and set course for smoother, more efficient financial operations? So, grab your compass and join us as we explore why now is the perfect time to get onboard with accounting automation.
On Wednesday, April 24, 2024, GRF brought together a panel of leading industry experts to provide a comprehensive overview of ESG, including current trends and regulations for measuring, monitoring, and reporting on Environmental, Social and Governance (ESG) initiatives. The half-day summit was jam packed with actionable information and advice. Read on for some of the highlights.
GRF On-The-Go podcast features Jeff Tenenbaum from Tenenbaum Law Group sharing strategies for nonprofits to reduce new legal risks nonprofits. Tune in now!
Watch Alyssa Rade, Chief Sustainability Officer at SustainLife, provides a high-level overview of ESG and sustainability, and how to think about it from a business perspective.
Congratulations are in order for Omid Mohebbi, CPA who has been elected to the Greater Washington Society of CPAs Board of Governors for the FY25 fiscal year. Thank you for your continued service to the accounting profession, Omid!
GRF’s Melissa Musser and Susan Colladay will present Association Risk Oversight in the Age of Disruption at the 2024 ASAE Annual Meeting & Exposition. Attend their session or stop by our booth in the exhibit hall to meet them and bring your questions about risk management.
Join GRF as we delve into the intricacies of endowments. Whether you are considering establishing an endowment, managing existing ones, or seeking to enhance your knowledge of endowment accounting and reporting, this session is designed to provide valuable insights and practical guidance.
Another Sage Intacct quarterly release is here! One of Sage’s many outstanding qualities is the frequency of new feature releases. Sage Intacct seamlessly releases four quarterly releases per year, and each is rich with enhancements and new features bringing you the latest and greatest in financial management automation and excellence.
Unlimited PTO: Federally Funded Contractors & Nonprofit Grant Recipients Subject to FAR and UG
Before considering unlimited paid time off (PTO) as an incentive to new or existing employees, it is important to understand the implications. Government contractors subject to FAR and nonprofit grant recipients subject to the Uniform Guidance must understand what this benefit entails, how it can potentially impact existing and future government contracts, and potential challenges for unlimited PTO at the state level.
Watch our webinar for a comprehensive overview of changes to employee benefit plan regulations and auditing standards. Our presenters summarize key changes that will be applicable to employee benefit plan audits during 2024 and we will also summarize hot topics related to future industry changes.
Headquartered in the Washington, D.C. metropolitan region, GRF CPAs & Advisors (GRF) is a full-service professional services firm providing clients with accounting, tax, and advisory solutions. For more than 40 years, the firm has supported the financial and operational success of for-profit and tax-exempt organizations locally, nationally, and around the world.
For more about GRF CPAs & Advisors, visit our website at www.grfcpa.com.
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