Accounting for Nonprofits: Blog Series

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Nonprofit Budget Basics: The Key to Financial Health

Nonprofit Budget Basics: The Key to Financial Health

A nonprofit budget is a financial plan which outlines how a nonprofit plans to spend its money. It is important for a nonprofit to have a budget in order to track progress and success, and to make sure that resources are being used efficiently. A budget should be...

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In-Depth Guide to Grant Accounting for Nonprofits

In-Depth Guide to Grant Accounting for Nonprofits

This guide provides accounting tips on grant management for nonprofits, including information on the requirements and benefits of using different methods and accounting software for grant management. By following these tips, you can ensure proper reporting and...

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Functional Accounting: Guide to Classifying Expenses

Functional Accounting: Guide to Classifying Expenses

Functional accounting classifies expenses by functional area in compliance with unique reporting requirements for nonprofits and the Statement of Functional Expenses. Take a deep dive into nonprofit functional accounting.   Functional Accounting Methods Nonprofit...

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Nonprofit Audit: Guide to Preparation and Requirements

Nonprofit Audit: Guide to Preparation and Requirements

Proper nonprofit audit preparation builds donor trust, financial transparency and accountability. This guide steps you through preparation, requirements and standards.   Table of contentsWhat is a nonprofit audit?What is the purpose of a nonprofit audit?Who...

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