Blog
5 Metrics To Use To Track Your Nonprofit’s Financial Health
The financial health of nonprofit organizations is an important indicator of their success. Measuring financial health can help an entity…
How To Choose The Right Nonprofit Bank Partner (And How To Leverage Your Relationship)
Nonprofit banking is a concept that is often overlooked in the planning stages of new organizations. Nonprofit entities must comply…
Religious Organizations’ Post-Pandemic Future and Recovery
COVID-19 changed the world. Religious organizations and other nonprofits, as well as for-profit industries, found themselves facing uncertainty in the…
Updates on the Presentation and Disclosures of Gift-in-Kind Transactions
The FASB issued Accounting Standards Update (ASU) 2020-07 in September of 2020. The purpose of the update is to provide…
Updates on FASB’s Lease’s Standard and How to Implement It
Introduction The FASB issued Accounting Standards Update (ASU) No. 2016-02, Topic 842, on February 25, 2016. The update on FASB…
What Is Fiscal Sponsorship? (A Nonprofit’s Beginner’s Guide)
One way nonprofit organizations secure funding is through fiscal sponsorships. Nonprofits engage in fiscal sponsorship by providing services to projects…
How To Create and Update Your Organization’s Policies for An Effective Board
Nonprofit organizations exist to serve their members or the community. Achieving the mission or missions of the organization is the…
9 Accounting Services That Your Nonprofit Organization Need to Outsource Now
Running a successful organization requires excellent decision-making skills. Leaders of healthy organizations all share one ability: knowing when to outsource.…
Why Sage Intacct Is The Best Accounting Software For Your Nonprofit Organization
Accounting is an essential function in all businesses. Regardless of the age, size, or type of company, financial transactions must…
New Statements on Auditing Standards and How It Affects Nonprofit Audit Reports
Auditing standards do not generally affect an organization when it comes to daily operations. However, it is important for nonprofit…
SUBSCRIBE
Sign up for our newsletter to receive helpful tips & updates from JFW Accounting Services!
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
RECENT POSTS
What Is 2 CFR Part 200?
Tracking Grant Expenditures: Important & Best Practices for Nonprofits
How to Read Nonprofit Financial Statements
Do Nonprofit Organizations Have Profit and Loss Statements?
What Are The Benefits Of Outsourced CFO Services?
6 Best Practices for Accounts Receivable Collections