Understanding Contribution Revenue Recognition: What You Need to Know for FASB Compliance
A major donor just pledged a significant gift to fund a new science building at your college, and your development [...]
What Nonprofits Should Know About Process Automation
Imagine you had an extra hour each day to do big-picture, meaningful work. What would you do? According to Asana’s [...]
5 Accounting Workflows Your Nonprofit Can Begin Automating Today
You work hard to keep your nonprofit finance office running smoothly. But some days, you feel like you’re swimming through [...]
Nonprofit Accounting vs. For-Profit Accounting: How They Are Different and Why Nonprofits Should Care
Accounting is an essential part of any ongoing enterprise. It is the meticulous process of recording and organizing financial transactions [...]
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 your team enters [...]
4 Nonprofit Financial Statements and How to Create Them
Effective financial management equips you to make the most of your nonprofit’s limited resources. To produce meaningful reports to help [...]
Understanding the Grant Lifecycle: Info for Nonprofits
Many nonprofits rely heavily on grants to fund their missions, but successfully securing and managing grants requires a clear understanding [...]
The Four Core Statements of Nonprofit Financial Reporting
Managing your nonprofit’s finances is no small task, but there are four standardized financial statements that provide clear benchmarks to [...]
10 Steps to Creating an Effective Nonprofit Budget
Imagine you’re preparing for a long road trip across unfamiliar terrain. You wouldn’t set out without a map, a plan [...]
Building Trust and Accountability: A Guide to Nonprofit Internal Controls Policy
Picture this: A nonprofit organization launches an ambitious new program, only to discover months later that inconsistent financial processes have [...]
