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E. Cohen & Company CPAs, Here Are Your Articles for Thursday, November 01, 2018
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The Financial Literacy of Boards: A Nonprofit Must-Have

Every board member must be engaged in the organization’s financial processes, and be confident and comfortable to review financial information, and especially to ask questions. Contact us (Matt Duvall, MS-A, CPA) for nonprofit board training, including:

- What nonprofit financial statements are really telling you,

- Understanding your fiduciary duty as a board member, and

- Preparing for upcoming FASB reporting and accounting changes.

A Good Nonprofit Decision Badly Made is No Good at All

Operating a nonprofit organization that does not have sufficient endowment resources is risky and makes planning for the future and keeping pace with community change difficult if not impossible. 

What’s the Risk of Starting a Nonprofit?

As with any company, there’s going to be some uncertainty about the future when starting a nonprofit. If you want to keep your organization afloat, it helps to know how many of them fail, where they fail and why. 

4 Reasons to Assess Your Nonprofit’s Cybersecurity Strategy

When it comes to investing staff time and resources into a cybersecurity initiative, there are plenty of compelling reasons to do so. Here are four that can get your organization started.

Google.org Offers $25 Million For Social Good AI Ideas

Google.org, the philanthropic arm of the search engine firm, is committing $25 million in grants and additional expertise to find the best Artificial Intelligence (AI) solutions for social good.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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