accounting and reporting
5 Essential Qualities of a Chief Financial Officer
In business, the role of a Chief Financial Officer (CFO) is one of the most sought-after positions available. The title…
Why Nonprofits Use Fund Accounting
Nonprofit organizations are different from for-profit entities in many ways. One significant difference is that they don’t have shareholders. For-profit…
8 Reasons Why Your Church Will Benefit With Outsourced Accounting Services
What are Church Accounting Services? The documentation of transactions and the planning for future transactions make up the church accounting…
Follow These Steps to Prepare for a Nonprofit Accounting Audit
What Is An Audit? What Is Its Purpose? A nonprofit accounting audit is a thorough examination of an organization’s financial…
Employee Promotion: Different Types and Who To Promote
Nonprofit organizations do so much more for the community than their written purpose, but it is the people at the…
Leveraging Section 179 Tax Deductions For Your Nonprofits
Nonprofits are often tax-exempt. That means they do not pay any income taxes on earned income. However, profits generated from…
Essential Tools Every Nonprofit Organization Can Use To Increase Productivity
Increasing productivity is a goal for all organizations, especially nonprofits. Resources are often limited in a nonprofit organization so it…
How A Functioning Nonprofit Chart of Accounts Help Your Organization
What Is A Nonprofit Chart of Accounts? A Chart of Accounts (COA) is a list of financial accounts set up…
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RECENT POSTS
The Basics of Unrelated Business Income Tax (UBIT) and What Nonprofit Organizations Need to Know
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5 Metrics To Use To Track Your Nonprofit’s Financial Health
Religious Organizations’ Post-Pandemic Future and Recovery
Updates on the Presentation and Disclosures of Gift-in-Kind Transactions
Updates on FASB’s Lease’s Standard and How to Implement It