CPAs, Boards and the IRS

MegaphoneBelow are three items that might be of interest to nonprofit accounting professionals.

How can our nonprofit find a CPA?

This article from Step By Step Fundraising has some great information on getting you started on your search.  As a bonus for you home school folks out there the author of that article has a great website too.

Are board members liable for investment losses?

Two posts back I answered a question on weather or not a board could be liable if it relied, in good faith, on outside advice when making its decisions.  Later I came across this great piece from the Risk Management Center that talks about the recent Madoff scandal and the impact it will have on nonprofits who had invested funds with him.  Please do read the article and follow through the links, especially to this one, a free publication that details the state laws for charitable immunity.

IRS and 990 trainings and tips

2 responses to “CPAs, Boards and the IRS

  1. Pingback: How to find a CPA, Are Boards Liable | Not-For-Profit Accounting « Accounting

  2. Pingback: How to find a CPA, Are Boards Liable | Not-For-Profit Accounting

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