The role of the audit committee with respect to internal parties – Who should be communicating with the audit committee, how often, what information should the audit committee review with respect to the organization’s control environment, what risks should the...
In what is likely the first step in the audit process for borrowers that received Paycheck Protection Program (PPP) loans more than $2,000,000 (including affiliates), the SBA has developed a questionnaire for both for-profit and non-profit borrowers which was released...
October 2020 Cerini Nonprofit Connection Topic: Risk Management Ken Cerini, CPA and guest speaker Steve Fuoco of Bradley & Parker discussed risks nonprofits need to be aware of especially during the pandemic including cybersecurity, transportation, galas, working...
During July 2020, Charity Navigator launched the Encompass Rating System. The purpose of Encompass was to provide improved comparability of differently sized nonprofit organizations, and to provide a more comprehensive assessment of the overall effectiveness of nonprofit organizations.
The role of the audit committee with respect to external parties – Ken Cerini and Matthew Burke discussed the audit RFP, the selection of the external auditors, what you should be asking of your auditors, Going beyond the financials to focus on analytics, operations,...
The role of the audit committee – Ken Cerini and Tania Quigley discussed the audit committee, what its purpose is, who should be on the audit committee, what the audit committee should be focusing on, what should be discussed at each meeting, etc.
The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law on March 27, 2020, to mitigate the effects of the coronavirus pandemic on businesses, including nonprofit organizations. For nonprofit organizations that have opted out of the State...
2020 has been a relentless year of change so far for businesses across all industries. The abrupt “pause” in March experienced by New York businesses was rather disruptive, as no one expected a once in a century pandemic to shutdown day-to-day life not just locally...
We asked some industry leaders, what will the sector need to do, post COVID, to remain relevant and strong going forward? I think the sector will need to evaluate their operations in terms of staffing, fundraising, communications, public relations and disaster...
