Jo-Anne Williams Barnes
Nonprofit Balance Sheet (or Statement of Financial Position)
Nonprofit organizations do not have the same financial reporting requirements as for-profit businesses. Since nonprofits operate for the purpose of…
ASU 2014-09: A Summary of Revenue Recognition for Not-for-Profit Organizations
The Financial Accounting Standards Board (FASB) is the agency in charge of monitoring, revising, and enforcing accounting practices in the…
What Is Earned Revenue In Accounting?
One of the most frequent requests we hear from clients looking for financial services is to be sure they are…
Bank Reconciliation Statement: What It Is & Why It’s Important
Having an effective accounting process in your nonprofit organization allows nonprofits to stay transparent and accountable. Keeping track of daily…
What Is A Statement of Activities for Nonprofits?
Running a nonprofit organization requires talent, hard work, and determination. There are many moving pieces to success including managing people,…
How Do Nonprofit Founders and Staff Get Paid?
Nonprofit organizations are granted their charitable or not-for-profit by the state in which they host primary operations. Most nonprofits are…
A Step-by-Step Guide to the Nonprofit Organization’s Accounts Receivable Process
Every nonprofit is a unique organization. Nonprofits exist to serve a purpose beyond generating profit. It is a common misconception…
Outsourced CFO Services: What They Do and Why Your Organization Needs Them
Nonprofit organizations are unique. Unlike private companies, nonprofits set out to achieve a purpose greater than generating revenue. However, just…
Improve Your Grant Tracking Process by Upgrading to Sage Intacct’s Grant Tracking Software
Grants make up a large percentage of revenues in many nonprofit organizations. Funding received from federal, state, local, and private…
How To Prepare a Cash Flow Statement for Your Nonprofit Organization
Staying on top of the financial health of your nonprofit organization can feel like a full-time job, but it doesn’t…
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