nonprofit organization
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Is Outdated Technology Costing Your Nonprofit Association?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…
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…
6 Things to Consider When Choosing Your Nonprofit’s Year-End
Running a nonprofit organization is a rewarding process. But, just like any other business venture, there are decisions to be…
How To Detect and Prevent Fraud in Nonprofit Organizations
According to the Association of Fraud Examiners, ACFE 2022 Global Fraud Survey, nonprofit organizations lose an average of 5% of…
Why Sage Intacct Is Built for Nonprofits
Nonprofits operate in a manner that allows them to focus on accountability, not profitability. Much of the income of a…
How To Prepare for the Audit Process
Most organizations strive to avoid a nonprofit audit, but the fact is sometimes you can’t or shouldn’t avoid having a…
How A Foolproof Grants Management Process Can Set Your Organization for Success
Many nonprofits rely on revenue from grants to fund their missions, but managing grant transactions can be daunting. In this…
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RECENT POSTS
How To Prepare a Cash Flow Statement for Your Nonprofit Organization
Making Accurate and Feasible Financial Projections for Your Nonprofit Organization (The Basics)
Understanding The Nonprofit Annual Report (The Basics + Downloadable Template)
What Is A Statement of Financial Position?
Tracking Grant Expenditures: Important & Best Practices for Nonprofits
How to Read Nonprofit Financial Statements