CFO

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…
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,…
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…
Making Accurate and Feasible Financial Projections for Your Nonprofit Organization (The Basics)
Running a nonprofit organization is a rewarding experience, but it is also one that comes with great responsibility. In addition…
Understanding The Nonprofit Annual Report (The Basics + Downloadable Template)
Nonprofit organizations are treated differently from for-profit companies by governing and taxing authorities because they are different. Nonprofits exist to…
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…
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…