Since Sarbanes-Oxley regulations went into effect for large enterprises, holding executives accountable for their company's financial records, the spotlight has been slowly turning towards nonprofits.
For example, California, Hawaii, Iowa, Maine and New Hampshire have passed new accountability legislation for nonprofits, while more states are in the process of passing some form of stricter transparency regulations. As a result, the greater focus on transparency in the nonprofit arena has resulted in a surge in the sales of nonprofit software.
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