Nonprofit Spark – What accountants wish non-profit leaders knew about non-profit finances – 01/09/12

Summary: On this week's show, I speak with John P. Langan CPA, managing partner of CliftonLarsonAllen (http://www.cliftonlarsonallen.com), a top 20 national accounting firm with 225 professionals serving more than 5,000 not-for-profit organizations in 18 states. John has served the non-profit sector for more than 25 years and worked with all sizes and types of non-profits and trade associations. John talks about the things that concern him about non-profit finances. CliftonLarsonAllen is the primary sponsor of Nonprofit Spark. Joining the conversation is Lori Derkay, the chief operating officer of University Professional & Continuing Education Association. (http://www.upcea.edu/) She was hired in February 2011 to help create a new infrastructure and modernize the operations and governance of the association. She has years of hands-on non-profit financial management experience and she generously shares from that on the show. We cover a lot of topics here: The IRS 990, cloud computing for non-profits, outsourcing, non-profit reserves, and non-profit retirement plans. I'm certain you'll hear a few things that you'll want to improve upon in 2012.