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Tuesday, September 9, 2003 eZine Volume 3 Issue 28: eBay To Certify Charity Sales, Terrorism and Charities, Job Bank, Sarbanes-Oxley Act, eTour Philly, NYC and San Francisco   VOLUME 3 ISSUE 28  
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CONTENTS
EBay to Add Feature to Certify Charity Sales
Protecting Philanthropy from Terrorism
Donor Services, Grant Management, Fund Accounting, Asset Management, Investment Allocation
TechSoup Helps Nonprofits Stop Spam In Its Tracks
Planning Underway for 9-11 Memorial at Pentagon
Gifts In Kind International's Special Pricing Program
Calling All Canadians
ePhilanthropy Job Bank: New Positions Posted
Philly, NYC and San Francisco Host eTours
Sarbanes-Oxley Act To Affect Nonprofits
Register Now For October and November Online Training
Sarbanes-Oxley Act To Affect Nonprofits
Nonprofit Accountability Continues To Grow As Important Issue
http://crainsny.com/news.cms?postDate=20...
by Mary Sisson

While the federal Sarbanes-Oxley Act applies only to for-profit public companies, it may wind up changing how nonprofit organizations do business, according to a report by the Healthcare Trustees of New York State, an affiliate of the Healthcare Association of New York State.

HTNYS says that many of the standards contained in the act will likely be imposed on nonprofits by underwriters and ratings agencies. The act may spur action by regulators as well: The Internal Revenue Service has already proposed expanding financial reporting requirements for nonprofits, while in January, state Attorney General Eliot Spitzer suggested applying Sarbanes-Oxley to nonprofits.

Copyright 2003, Crain Communications, Inc
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