nonprofit accounting

If we have learned anything from the pandemic, it is that there is no way to know what is coming…

Nonprofit organizations exist to serve their communities, members, and neighbors. Local churches, schools, shelters, humane societies, and kids’ clubs are…

Successful nonprofits must maintain a level of transparency with the public, their members, and their supporters so they can continue…

What Is Program Evaluation? As new nonprofit organizations grow and thrive it is important to make sure the actions of…

Not-for-profits (NFP) are constantly coming up with creative new ways to fundraise. A great way to raise funds quickly is…

One benefit of being designated a nonprofit organization is being exempt from paying income taxes. Many nonprofits that have approved…

Healthcare accounting applies to for-profit and nonprofit healthcare businesses as well as government-run healthcare facilities. While governmental and nongovernmental entities…

Cryptocurrency Defined Cryptocurrency, or crypto, is a digital asset that can be used to buy goods and services and even…

Introduction The FASB issued Accounting Standards Update (ASU) No. 2016-02, Topic 842, on February 25, 2016. The update on FASB…

Running a successful organization requires excellent decision-making skills. Leaders of healthy organizations all share one ability: knowing when to outsource.…