by barbara | Sep 27, 2024 | Accounting for Non-Profits, Consultance Accounting, Financial Management
Most nonprofit organizations must have their financial statements audited on an annual basis. Conducting an independent audit is required to ensure that an organization’s internally prepared financial statements present fairly, in all material respects, the financial...
by barbara | Jul 24, 2024 | Accounting for Non-Profits, Financial Management
Accurate and well-managed finances are the foundation of successful stewardship for nonprofits. Creating a budget and managing it effectively is the cornerstone of long-term financial stability and growth for any organization, especially those operating with thin...
by barbara | Mar 21, 2024 | Accounting for Non-Profits, Financial Management
Effective reporting to a nonprofit organization’s board of directors is a critical function. It is crucial that your organization can deliver high-quality and functional board reports with relevant levels of detail, transparency, and accountability. The best reports...
by krista | Sep 20, 2022 | Financial Management
10 Steps to Prevent and Detect Financial Audit Issues for Your Not For Profit Not-for-profit organizations are subject to having an annual financial audit performed. There are certain financial audit issues that can occur during the process. By being aware of these...
by Randy | Aug 5, 2021 | Financial Management
Business Metrics and KPIs Why Metrics and KPIs are Important for Business A recent study about small to midsize businesses in the United States revealed: 50% of companies that track metrics in real-time met all their goals in the last 12 months compared to only...
by Randy | Apr 23, 2020 | Accounting, Financial Management
Tax Deadline and Other Tax Season Changes Many tax changes, including the tax day deadline, are occurring in light of the COVID-19 pandemic. These changes are affecting individuals, small business, and tax-exempt entities alike. This article provides a general...
