Not-For-Profit Notebook

Practical insight and analysis on the accounting, audit and tax issues impacting not-for-profit organizations.

Posts about Compliance

Complying with Challenging New Procurement Standards

Posted by admin Feb 15, 2019 1:15:56 PM

The relatively new federal procurement standards, which went into full effect in fiscal year 2017, significantly alter the way nonprofits receiving federal funding handle purchasing. You may have changed your written policies, but are you complying with the standards in practice? If not, you could risk losing funding. 

Read more