CPA Voice: Nonprofit accounting requires special care

From an accounting perspective, nonprofit organizations are complex and weigh many factors when making financial decisions.

“Not only must these organizations keep up with numerous rules and regulations, but they often struggle to find a qualified board member who understands the intricacies of nonprofit accounting,” writes Jill Boyle in the May/June issue of CPA Voice. “Further, recent tax regulations indicate that the industry is no longer going to fly under lawmakers’ radar, which has been the perception in recent years. CPAs play a crucial role in helping nonprofit organizations maintain compliance and develop a strategic approach to their finances.”

CPAs working with nonprofits will find the work challenging and rewarding, Boyle writes, but have to know how to navigate the organization properly. Find out how in the rest of the article available online.

Don’t miss this convenient, self-study CPE

Did you know that reading CPA Voice can help you satisfy your CPE requirement? No matter your location or the time of day – and even without the benefit of electricity – you can gain CPE credit with each issue.

Every edition includes a 12-question self-assessment exam covering content from that issue. Receive a grade of 75% or higher and you’ll earn one hour of CPE credit in specialized knowledge.

Best of all, you can take the exam when and where it’s convenient for you, either online or by mail. Exams remain available online – and may be completed for CPE – through the same month of the following year.

May/June 2018 exam