5 financial best practices every nonprofit should know in 2023
With a looming recession tightening up our budgets, here are the 5 financial best practices that every nonprofit should know in 2023.
Why you shouldn’t be afraid of a nonprofit audit (and how your virtual CPA can help)
Dreading that audit? Here’s how your nonprofit can be audit ready with peace of mind.
Streamline Your Bookkeeping: Tips and Techniques for Accountants to Increase Efficiency
A roadmap for accountants aiming to optimize their efficiency and effectiveness in 2024 amidst evolving industry demands, technological advancements, and changing work paradigms.
Financial Reporting Simplified: Insights for Accountants and Financial Professionals
Unlock financial insights with this comprehensive guide for accountants and financial professionals. Learn about financial reporting and more.
Giving Tuesday Is November 29. Here’s How Your Church Can Prepare
With Giving Tuesday just around the corner, there are several ways your church can prepare for full participation but be aware of donor impact on your overall accounting procedures. In the digital age, tracking donors and donations has become more complex, depending on the way your church accounting is set up.
What Can Nonprofits Learn From Patagonia’s $3 Billion Gift?
Patagonia’s recent gift to a nonprofit organization committed to fighting climate change has many other nonprofit’s questioning how and why this particular nonprofit was the chosen one. Read on to discover a few important takeaways from Patagonia’s $3 billion gift as we approach a new year of business:
Here Are The Biggest Myths About Outsourced Bookkeeping To Watch Out For
Budgeting and forecasting require time. Finding someone within your organization with the ability to look at data and strategically plan for your ministry’s future profit and loss can be difficult. If you don’t have the time, resources, or understanding to tackle this job on your own, an outsourced bookkeeper can be an easy solution. Let’s debunk a few myths before you decide:
Forecasting For Fall: A Roadmap For Your Church’s Financial Planning This Fall
In recent years, we’ve found that church roadmaps are getting tougher to build and forecasts are becoming harder to predict. All businesses have been impacted by the pandemic, for example, but most of those businesses are not directly reliant on outside or loyal donations to continue thriving. Read on to discover the 4 steps to building your church’s financial plan, which include eliminating virtual bookkeeping myths and empowering you to prioritize your mission.
How Can Churches Save Money During the “Giving Slump” in Summer
Though summer often doesn’t see the amount of giving that Christmas generates, there are many creative ways to get people to increase their church giving during this time of year.
6 Risks Facing Nonprofit Organizations Everyday
Nonprofit organizations face similar risks as for-profit businesses. However, nonprofits must navigate around tight budgets while honoring their donors’ intentions. This article details 6 risks facing nonprofit organizations on a daily basis.