ERISA Audit Requirements - Nonprofit CPA Firm

A Nonprofit’s Guide to Navigating the ERISA Audit Requirements

You are a nonprofit and your organization has a Code section 403(b) retirement plan But is an independent qualified plan audit required to be attached to the 5500 filing? Let’s look further into the requirements of a retirement plan to attach an independent qualified plan audit to the 5500 filing.

Quid Pro Quo Donations

Posted by Chris Ciminera It is customary for nonprofit organizations to occasionally hold an event to raise funds to further its mission or for other charitable purposes. I know specifically that one of our clients, a church organization, holds a fundraiser each year in which all proceeds from the event benefit charitable organizations throughout the community. I received a specific … Continued