We’ve got two recommendations this week, both of which came to us courtesy of Charity Village’s weekly newsletter. You too can subscribe by visiting here.
If you’ve ever considered establishing or joining a network to share materials, resources, space, and back-office functions in order to reduce costs and increase impact, you might be interested in a new report from the Calgary Chamber of Voluntary Organizations. Entitled Sharing Services, Sharing Space, the report summarizes new research in this area. You can download the report here.
Here’s something we strongly recommend that you bring to the attention of your auditor and the audit/finance committee of your board of directors: accounting standards for not-for-profit organizations are proposed to change for annual financial statements relating to fiscal years beginning on or after January 1, 2012 – and the potential impact is significant. Exposure drafts outlining proposed changes to accounting standards for not-for-profit organizations were released in early March, and you can find them here.