Jo-Anne Williams Barnes
Tracking Grant Expenditures: Important & Best Practices for Nonprofits
If your nonprofit organization has been approved for grant funding, congratulations. Grants can be the driving force behind carrying out…
How to Read Nonprofit Financial Statements
Nonprofits are unique because the focus is on accountability, not profitability. However, just because there is no rush to distribute…
Do Nonprofit Organizations Have Profit and Loss Statements?
Nonprofit organizations, by definition, operate with the principle of focusing on accountability, not profitability. Nonprofit organizations do not actually generate…
What Are The Benefits Of Outsourced CFO Services?
We’ve talked before in our blog about outsourcing bookkeeping and other accounting services, but many nonprofit organizations don’t know that…
6 Best Practices for Accounts Receivable Collections
An organization’s accounts receivable (AR) balance is made up of the money that is owed to the business but not…
Cost Effective Audit Process: How to Create a Robust Audit Trail
A nonprofit accounting audit is a thorough examination of an organization’s financial records. Audits can be time-consuming and very expensive…
Is Outdated Technology Costing Your Nonprofit Association?
Membership and association nonprofit organizations are created to serve a purpose beyond a profit. They exist to help their members…
4 Best Practices for Overcoming Multi-Entity Accounting Challenges
As a nonprofit organization, you likely have multiple legal entities that operate independently but are related in some way. This…
Working With Your Data: Why You Should Hire an Accounting Firm Now
Membership and association organizations operate a little differently than other nonprofit organizations, but their need for efficiency is the same.…
Elevate Your Organization’s Impact with Real-Time Financial Reporting
Nonprofit organizations operate with the intention of fulfilling a mission and remaining accountable to their members, communities, and donors. The…
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