
In today's economic times, many smaller nonprofits are being merged into or acquired by larger nonprofits with similar missions. Oftentimes, the entities involved do not have the experience necessary to navigate the rules and applications of business combinations and consolidations, including application of the carryover method, goodwill recognition, economic or controlling interest, and financial statements disclosures that are required for external reporting purposes. And with ever-changing guidance to contend with, such as ASU 2010-07, Not-for-Profit Entities: Mergers and Acquisitions, it's more important than ever to have knowledgeable experts walk you through the transaction process.
BPM's nonprofit team consists of high-level, experienced audit, tax, and consulting professionals with deep transaction experience. Whether on the buyside or sellside, we help nonprofits undergo successful business combinations or consolidations. In addition, we serve as valuable counsel for Boards considering merging or acquiring another nonprofit by helping them understand the substance of the transactions and the unique circumstances that they will face.
For more information, email us at bpm@bpmcpa.com.

The sessions cover significant emerging
issues that can affect every facet of your organization.

Recurring Accounting Issues Noted and
Related Best Practices for Nonprofits
A look at what the IRS wants to know
about your tax-exempt bonds.
Nonprofit Dashboards to Stay
Informed and Make Decisions
How to plan and design a meaningful dashboard.
The Single Audit:
What it Means for the Auditee
Overview of the Single Audit Act and Compliance Requirements.
Your Internal Control Check-up
Reducing the risks of errors and fraud.
Merging Nonprofit Organizations
A look at accounting due diligence
issues for considering nonprofit mergers.
IRS Increases Scrutiny of Nonprofits
Exempt organizations should be aware of these key areas that the IRS will be targeting.