Hiring professionally-trained accountants and bookkeepers can prevent costly nonprofit accounting errors down the road.[Read more…] about Why Smart Hiring Practices Can Prevent Costly Nonprofit Accounting Errors
Nonprofit administrative expenses are a necessary investment in your infrastructure and operations and are essential for your organization to be more sustainable to be able to fulfill your mission.[Read more…] about Can Nonprofit Administrative Expenses Impact Funding?
One of the major differences between for profit and nonprofit accounting is the method used to categorize expenses known as direct cost allocations.[Read more…] about Why Nonprofits Need to Understand Direct Cost Allocations
Nonprofits face many challenges when it comes to tracking and reporting to funding sources. This is the time to think about switching to nonprofit fund accounting software.[Read more…] about Tell Tale Signs It’s Time To Switch To Nonprofit Fund Accounting Software
When it comes to nonprofit accounting standards, ignorance can have very serious consequences.[Read more…] about Why Ignorance Is Not Bliss For Nonprofit Accounting Standards