How Your Organization’s Charitable Arm Can Manage Restricted Funds to Grow Your Stewardship
Imagine starting a road trip and not knowing how much gas you had in the tank. You might be able …
Imagine starting a road trip and not knowing how much gas you had in the tank. You might be able …
How are trust and internal controls intertwined? That is what we will explore in this article.
The last step of the nonprofit audit is to present our audited financial statements and shiny, clean opinion letter to the board.
A one-stop shop for the basics of nonprofit accounting.
In August 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update 2016-14 (ASU 2016-14) to make improvements to the …
We don’t know where the funding is headed but I think we can all agree that changes are coming.
Accountability and transparency drive the DATA Act’s bold promise of better spending, improved outcomes, and more efficient government.
The real measure of a charity’s success is not in how well the return is on an investment, but rather how much that investment impacts the mission itself.
Procedures and processes that serve multiple purposes (e.g. compliance and information) have a much better chance of success than doing something just because it must be done.
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.