GAAP for nonprofits has set new fund classifications under FASB, altering the presentation of financial statements.
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Nonprofit Accountability: How Charity Watchdogs Impact Donations
How do charity watchdogs influence donations? Without proper controls and accountability, your nonprofit may be forced to shut down.
[Read more…] about Nonprofit Accountability: How Charity Watchdogs Impact DonationsNew FASB Rules for Nonprofits: Are You Ready?
New FASB rules for nonprofits are scheduled to took effect in December 2017. Is your nonprofit ready?
[Read more…] about New FASB Rules for Nonprofits: Are You Ready?Nonprofit Accounting Questions: Blueprint for Compliance
In order to fully understand compliance, you must answer three key basic nonprofit accounting questions. This is the basis for the difference between nonprofit and for-profit accounting.
[Read more…] about Nonprofit Accounting Questions: Blueprint for ComplianceNonprofit Financial Statements: How To Generate Compliant Reports
Nonprofit financial statements must show all incoming and outgoing funding to demonstrate accountability and compliance.
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