nonprofit accounting

This is a guest article provided by Cassidy Jakovickas, CPA at MBS Accountancy. It’s been said that hiring is like dating, and it’s a fairly accurate analogy. It’s challenging trying…

For Nonprofit Leaders And Administrators When running a nonprofit, it is crucial to have a well-formulated system with all your essential reports at your fingertips. In this eBook, we will…

Join CPA and Aplos accounting expert, Alex Acree, as he discusses common chart of accounts structures for nonprofits and churches. Chart of Accounts creation for a nonprofit or church can…

This is a guest post provided by Fei Fan-Dollinger, Senior Marketing Manager at PEX. Managing expenses can be challenging for nonprofits. You got into the nonprofit world because you have…

Many nonprofits make the mistake of looking at having cash reserves on hand as a luxury instead of a necessity, when in fact, keeping reserve funds set aside for unforeseen…

A common question that is asked by nonprofits and people in the community is whether or not a nonprofit organization can charge for products or services. Due to the public…

One primary trait of healthy nonprofit organizations is exercising solid financial management policies and strategies that will put your cause in a position to be successful for the foreseeable future.…

Nonprofits and churches are special. You know this and we know this. But why is that, exactly? Among countless other things, one major distinguishing factor is their use of fund…

Practically everyone has heard the saying, “It takes money to make money,” and that phrase also rings true when it comes to fundraising for your nonprofit. Whether your organization is…

Back in 2016, the FASB (Financial Accounting Standards Board) approved several changes regarding nonprofit financial statements. One of the more significant rules, also known as ASU 2016-14, states that all…