Finance & Accounting

Get tips and expert advice on how to optimize your organization's financial management operations, increase transparency and accountability, and collaborate more closely with development and other stakeholders.

Financial Reporting

Statement of Activities: Common Mistakes and How to Avoid Them

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. It offers [...]

March 7, 2024| 5 min Read

Fund Accounting

Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

April 2, 2024| 3 min Read

Budgeting

3 Strategies to Build Your Organization’s Financial Capacity

April 4, 2024| 3 min Read

Change Management

Meeting Today’s Challenges: Why Your Organization Needs a Modern CFO

August 29, 2023| 5 min Read

Fund Accounting

4 Financial Metrics to Increase Transparency for Your Nonprofit

December 29, 2023| 4 min Read

All Finance and Accounting Posts

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    Fund Accounting

    4 Best Practices for Setting Your Accounting Team Up for Success Next Year

    It’s that time of year again—you’ve finally made it through your fiscal year-end, closed all your books easily, and had [...]

    September 1, 2023 | 3 min Read

    Budgeting

    Evaluating and Streamlining Your Annual Budgeting Process

    Tips to help social good organizations streamline and improve the annual budgeting process.

    August 23, 2023 | 4 min Read

    Fund Accounting

    Form 990: What You Need to Know About Filing for Your Nonprofit

    It may feel like very few things involving the IRS are straightforward. But when it comes to nonprofit tax exemption, [...]

    August 2, 2023 | 5 min Read

     

     

     

     
     

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    Budgeting

    5 Ways Fund Accounting Software Makes Nonprofit Budgeting Simple

    Building your nonprofit budget is often like putting together a 1,000-piece jigsaw puzzle. You know what you want it to [...]

    July 24, 2023 | 4 min Read

    Budgeting

    What to Do When Your Nonprofit Budget Gets Blindsided

    With quickly evolving community needs and the ever-present possibility of a climate event or economic downturn, nonprofits know how to [...]

    July 3, 2023 | 3 min Read

    Board Management

    The Final Step of the Audit: Helping Your Board Understand the Nonprofit Audit Report

    Your nonprofit audit should reinforce the good work that you do. This post shares tips for how to effectively share your financial statements with your board.

    June 20, 2023 | 3 min Read

    Compliance

    5 Key Software Compliance Questions to Strengthen Your Approach

    Every organization, no matter your mission, function, or size, is subject to a variety of laws and standards intended to [...]

    June 20, 2023 | 5 min Read
    List of Expenses from an Annual Audit

    Audits

    Preparing for Your School or Nonprofit Financial Audit: Identifying Risks and Establishing Strong Internal Controls

    The annual audit is often viewed as a chore.This blog post shares expert advice on how to prepare by targeting risks and measuring performance and compliance.

    June 15, 2023 | 5 min Read

    Fund Accounting

    How Purchase Cards Simplify Nonprofit Accounting

    Lost receipts, multiple tracking spreadsheets, and unchecked spending, oh my! Is this sounding like your month-end scramble? These hurdles are [...]

    June 15, 2023 | 4 min Read
    Jigsaw puzzle pieces coming together to signify finance and program partnership for an audit

    Audits

    How Finance Can Partner with Program for Nonprofit Audit Success

    Want to learn more about preparing for a successful audit? This blog post shares tips for how Finance and Program can partner for success.

    June 7, 2023 | 3 min Read

    Financial Reporting

    A Checklist for a Smooth Fiscal Year-End for Your Nonprofit

    There is a shadow lurking behind all the excitement around your next big event. Something is looming behind your next [...]

    May 22, 2023 | 4 min Read

    Fund Accounting

    How a Segmented Chart of Accounts Reduces Errors in Your Nonprofit Accounting

    To be part of a modern nonprofit financial office is to witness fingers flying over keyboards as information is entered [...]

    May 19, 2023 | 5 min Read

    Financial Reporting

    3 Ways Expense Management Can Help Your Nonprofit Close Its Books Faster

    Can your nonprofit confidently say you are successfully closing the books on time every month—or even most months? As someone [...]

    May 8, 2023 | 3 min Read

    Audits

    4 Ways to Take the Stress Out of Your Nonprofit Remote Audit

    Very few people enjoy being on the organization side of a nonprofit financial audit. Those people probably enjoy visiting the [...]

    April 12, 2023 | 4 min Read
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