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Business resilience is now one of the five highest risk areas for organizations in North America, according to the annual Risk in Focus report published by The Institute of Internal Auditors. Business resilience risk increased 5 percentage points from 2024 to 2025 and now represents the second-highest priority for internal audit activities after cybersecurity.
his article is a continuation of “Best Practices: Helping Your Nonprofit Clients Succeed,” from CPA Publisher’s March 2026 issue. In Part 1, we examined the importance of Mission, Board Governance, Internal Controls, Form 990 compliance, and the IRS public support test.
As of 2022, 1.97 million registered nonprofits were operating in the United States, 1.48 million of which were 501(c)(3) tax-exempt organizations. 501(c)(3)s are organizations that are tax-exempt, donation-supported, publicly accountable, and legally required to operate exclusively for the public good.
Managing Change During a Software Conversion.. The financial software that you have come to rely on for the last 20 years is no longer going to be supported.