The Illinois CPA Society’s (ICPAS) Not-for-Profit Committee sponsors a series of Roundtables to provide opportunities for financial professionals who are involved with nonprofit organizations “both on the public accounting and organization side” to network, learn, and share information. Partner Rose Doherty, who is a board member of the ICPAS, facilitated the ICPAS Nonprofit Roundtable on May 9, 2013. Rose also spoke on audit and banking controls.
Donor restrictions can limit how contributions may be used (such as to fund a program) or when they may be used. Those terms can help
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