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Nonprofit Administration and Management Commons

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Accounting

Theses/Dissertations

2022

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Full-Text Articles in Nonprofit Administration and Management

Non-Profit Accounting And Financial Strategies For The Exponential Age, Nathan A. Judd May 2022

Non-Profit Accounting And Financial Strategies For The Exponential Age, Nathan A. Judd

Honors Projects

This research project was designed to introduce the current state of digital assets with all of its potential risks and rewards within the non-profit business sector. Non-profit organizations receive donations constantly, but what happens when an individual gives a digital asset such as Bitcoin to the non-profit? The answer is quite complicated from an accounting and strategic business approach but will be unpacked and reviewed. Other nonprofit topics included are the exponential network effects for digital assets, official FASB accounting regulation treatments for digital assets, taxation documentation from the IRS regarding digital assets, and potential implementation strategies to consider.