New Rules for Nonprofit Accounting

Higher education institutions and other tax exempt organizations manage compliance requirements set forth by a variety of entities, creating layers of operational complexity for staff members and for reporting organizations. Additionally, rapid advancements in technology have allowed for an unprecedented ability for people around the world to access and communicate information, leading to a shift in what it means for institutions to be truly transparent.

Compliance practice should involve more than reporting and following guidelines set by different agencies. Rather, it should bolster a culture of trust through open communication and clear accountability.

This eBook provides an overview of key regulatory changes affecting nonprofit institutions, as well as best practices for deepening transparency through compliance practice.

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