nonprofitgrowth
New Statements on Auditing Standards and How It Affects Nonprofit Audit Reports
Auditing standards do not generally affect an organization when it comes to daily operations. However, it is important for nonprofit…
Invoicing Tips for Nonprofit Organization
What Is An Invoice? Invoices are essential to all businesses, including nonprofit organizations, because they coordinate payment collection. An invoice…
Measuring Fundraising Success
Donations make up a large portion of a nonprofit organization’s income, which funds the mission. But how can your nonprofit…
The Common Tax Issues Affecting Nonprofit Organizations
Nonprofit organizations must comply with many tax rules and regulations to keep their tax-exempt and nonprofit statuses. Understanding how the…
Basics and Best Practices of Nonprofit Accounting
Most for-profit companies are set up with one thing in mind: profit. Nonprofits are different. A nonprofit organization is built…
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…
Nonprofit Financial Audit: When To Get An Audit and the Process To Get It Done
Purpose Of An Audit A financial audit is a process of verifying financial statements. The audit will test for accuracy…
Fulfill Your Organization’s Mission Through Nonprofit Sustainability
What Is Sustainability? When talking about the “sustainability” of nonprofit organizations, “sustainability” refers to the ability of the organization to…
A Nonprofit Accounting Guide to Cash Flow Forecasting for 2022
Running a nonprofit organization takes dedication. In order to successfully serve your members and the community, you must keep your…
8 Essential Steps to Protect your Nonprofit From Financial Harm
Nonprofits have been on an upward trend as they continue to grow and expand into new areas with innovative ideas…
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