nonprofit organization

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…

Nonprofit organizations exist for a purpose of fulfilling their mission and serving their members or the communities they work in.…

Investments are a vital part of long-term growth strategies for nonprofit organizations. Leaders and board members of nonprofit entities hold…

Mergers and acquisitions (M&A) are commonly included in an organization’s growth strategy. For-profit companies can use mergers and/or acquisitions to…

Many nonprofit organizations receive tax-exempt status from the Internal Revenue Service (IRS). While this means that the organization does not…

The financial health of nonprofit organizations is an important indicator of their success. Measuring financial health can help an entity…

Nonprofit banking is a concept that is often overlooked in the planning stages of new organizations. Nonprofit entities must comply…

COVID-19 changed the world. Religious organizations and other nonprofits, as well as for-profit industries, found themselves facing uncertainty in the…

The FASB issued Accounting Standards Update (ASU) 2020-07 in September of 2020. The purpose of the update is to provide…