Keep close eye on employee expenses
One of the easiest ways to steal from an organization is through expense reimbursements. More than 13 percent of all fraudulent disbursement schemes investigated involved expense reimbursement fraud, according to the most recent report by the Association of Certified Fraud Examiners.
(3/1/2010)
The Web can shine light on nonprofits
While most nonprofits post information about their missions and programs on their Web sites, significantly fewer disclose other key information on the Internet, according to a transparency review conducted by GuideStar, a watchdog group for nonprofit associations. (2/15/2010)
Do you watch your third bottom line?
Nonprofits have an advantage in achieving the newest management standard, the triple bottom line.
Two of the bottom lines – social and financial sustainability – have always been foundational to measuring nonprofit success. Implementing the third – ecological sustainability – is a natural extension that can magnify the impact of the other two.
(2/2/2010)
The technical information here is necessarily brief. No final conclusion on
these topics should be drawn without further review and consultation. Please
be advised that, based on current IRS rules and standards, the advice contained
herein is not intended to be used, nor can it be used, for the avoidance of any
tax penalty assessed by the IRS.
© 2010, CPAmerica International. All Rights Reserved.
|
