Financial Policies and Procedures Manual is a "fill in the name of your organization" sample manual on which a nonprofit might model new or compare current policies, while adjusting the text to suit the individual needs of the organization. (Financial Technologies & Management CPAs, 2019)
Topics covered include:
Nonprofit Cost Analysis Toolkit: Six Steps to Finding the True Costs of Programs asserts that an "effective true-cost analysis accurately allocates direct as well as indirect costs across focus areas such as programs, geographic sites or particular products, allowing nonprofit leaders to make more informed decisions about strategy and funding." The guide's steps are to first determine the scope of the analysis to be conducted, g
State Taxation and Nonprofit Organizations "is designed to provide nonprofit organizations with guidance regarding their filing and reporting obligations to the North Carolina Department of Revenue ("Department') for tax purposes." It gives an overview of provisions and filing requirements for nonprofits dealing with franchise and corporate income tax, sales tax, use tax, property tax, motor fuels tax, and withholding tax.
The recent passage of the American Rescue Plan Act includes updates and changes to the Employee Retention Tax Credit (ERTC). Join presenter Jennifer Rohen with CLA to explore what the employee retention credits are, eligibility criteria and amounts for 2020 and 2021, and what it means for your nonprofit. We'll also discuss the changes that continue the credits through the end of 2021.
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Internal Controls to Help Deter Fraud is a video in the Nonprofit Accounting Basics educational webinar series, where CPA Shawn Miller (Calibre CPA Group) discusses the relationship between weak financial oversight and fraud, as well as deterrence and detection through strong internal controls. (
Fiscal Sponsorship: An Overview is a video in the Nonprofit Accounting Basics educational webinar series, where D.C. attorney Benjamin Takis discusses nonprofit fiscal sponsorship arrangements, including best practices (e.g. the "Model C" or Pre-Approved Grant Relationship) and pitfalls to avoid (e.g. earmarking). (Nonprofit Accounting Basics, 2016-2020)
New Attitudes, Old Practices: The Provision of Multiyear General Operating Support makes the case that "multiyear general operating support (GOS) provides nonprofits with the flexibility to use funds to fulfill their missions and the ability to plan for the long-term sustainability of their organizations, programs, and services" and should become a standard grantmaking practice.
Get an overview of the latest federal COVID-19 relief plans – including the American Rescue Plan Act – the state budget and major legislation affecting nonprofits, and potential policy solutions that could help nonprofits during the 2021 NC legislative session.
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Presenters Michele Pratt and Christine Hall from CLA to share updates on Paycheck Protection Program (PPP) loan forgiveness, including discussing the application, reviewing the information required to accompany the application, and how the amount is calculated. Time is planned for Q&A.
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Nonprofit gift acceptance policies set forth the what, who, when, how, and where for receiving different types of gifts. Creating and maintaining gift acceptance policies is not only good governance but also allows your organization to think through and outline the advantages and disadvantages of different donor scenarios.