Entries Tagged ‘Board Member’:
filed in Not-For-Profit (non-profit) Accounting on Jul.27, 2010
There are lots of times when a client will come to us asking for advice on how to handle a situation after it has occurred. Or they inform us of some information that has happened thinking it is no big deal, when in fact it is. For example, one client, during audit fieldwork, informed us [...]
Tags: audit fieldwork, Board Member, bonuses, commission, excess benefits, excess compensation, excess health insurance, fair market value, health insurance coverage, income taxes, IRS, Loans, non-profit status, Not-For-Profit (non-profit) Accounting, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe, private inurement, retirement benefits, shareholder, tax-exempt organization
filed in Not-For-Profit (non-profit) Accounting on Jul.13, 2010
It is a known fact that audit committees are an essential component in corporate governance. The public has been increasingly focused on oversight and governance issues since the Enron scandal. However these issues aren’t just for the “for-profit” industry. It is becoming more and more of an issue for the not-for-profit world. Since the re-vamp [...]
Tags: accounting policies, audit committee, audit process, auditors, Best Practices, Better Business Bureau, Board Member, Conflict of Interest, corporate governance, fiduciary responsibilities, finance committee, financial matters, financial statements, Form 990, Fraud, independence in communication, internal control, IRS, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe, not-for-profit organization, oversight, Piper Charitable Trust, whistleblower policy
filed in Board Member on May.04, 2010
I wrote last week about my experience at the Nonprofit Business Summit, and I wanted to share more of the information I got out of what I considered to be a really fantastic conference.
One of the breakout sessions I attended was “Effective Board Development & Assessment,” which was right in line with my April Lunch [...]
Tags: activities, agreed-upon procedures, annual gift, Board Development, board meetings, Board Member, board member assessments, board member responsibilities, committee meetings, development of policies, duties, effective board development and assessment, financial reports, financial statements, fundraising activities, goals, mission, nonprofit organizations, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Not-For-Profit Accounting in Tempe
filed in Form 990 on Apr.28, 2009
The new Form 990 requires a lot of navigating through the instructions in order to get it properly completed. I find myself looking up official definitions of various terms often as I am working on completing and reviewing 990’s.
One area that can be confusing is page 7 of the core form, where you have to fill [...]
Tags: Board Member, Brother Relationship, Compensation, Form 990, not-for, Not-For-Profit Accounting in Casa Grande, Not-For-Profit Accounting in Scottsdale, Parent Relationship, Related Organizations, Schedule R, Sister Relationship, Subsidiary Relationship