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Mission Minded Nonprofits

Succession Planning

Posted on November 15, 2017

With the increase in the number of retiring executives, nonprofits need to plan for succession to ensure organizational…

Reconciling Your Bank Statements

Posted on November 01, 2017

The reconciliation of your organization’s bank accounts is a key financial process.  Ideally the bank reconciliation should be…

Reputational Risk

Posted on October 18, 2017

When talking about risk within a nonprofit, it’s common to think of fraud risk - the areas within the organization that are…

Special Event Revenue

Posted on October 04, 2017

Nonprofit organizations normally hold some type of special event during the year to raise funds for their organization.  It may be…

What Do Auditors Do?

Posted on September 20, 2017

Ever wonder what your auditor is doing when they are going through all of that information that you’ve pulled for them?  First,…

What Are Your Responsibilities During an Audit?

Posted on September 06, 2017

So you’ve decided that your organization needs to have an audit.  Before the audit engagement starts, are you aware of what your…

Day of Caring 2017

Posted on August 24, 2017

Each year DWD participates in the United Way Day of Caring.  This year DWD staff painted and landscaped at Vincent…

Is Your Nonprofit Meeting the 403(b) Requirements?

Posted on August 23, 2017

Many nonprofit organizations offer retirement plans for their employees.  For many years, 403(b) plans did not have as many…

Business Email Compromise

Posted on August 09, 2017

Business email compromise (BEC) scams are unfortunately becoming more common.  According to the FBI Internet Crime Complaint Center…

Revenue Recognition of Grants and Contracts by Not-for-Profit Entities

Posted on July 26, 2017

The Financial Accounting and Standards Board (FASB) has taken on a new project “to improve and clarify existing guidance on revenue…

Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.

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