3 Steps for Avoiding Deficiencies During a Single Audit
The future of grants funding will increasingly go to organizations with “clean” audits.
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The future of grants funding will increasingly go to organizations with “clean” audits.
The bar has been raised for grant recipients receiving federal awards. With the new Uniform Guidance, non-federal entities are expected to meet performance measurements.
Are you expecting an audit? This is the first blog in a three-part series that will walk you through the basics of preparing for your first Single Audit.
Let’s take a look at five key financial management and reporting capabilities that your fund accounting solution should have in order to help keep your organization compliant and increase transparency to stakeholders.
Five things organizations can do to protect themselves and ensure that the influx of contributions received this holiday season support programs, not fraudsters.
There is no one size fits all approach to collaboration. Partnership arrangements can be formal or informal, long-term or project-specific.
Establishing and documenting a formal reserves policy is a best practice that should be adopted by all nonprofits.
There is no single correct solution – one size simply does not fit all when it comes to setting the amount for operating reserves.
There has long been a popular misconception—if a nonprofit has money, it must not need money. However, “not-for-profit” does not mean “no surpluses allowed.”
No longer is grant funding free money with very few strings attached.
