If your business isn’t doing as well as you think it should— or if it’s not doing well at all— perhaps it's time for some serious assessment of your finances. Check out our article on how smart financial management can help you and your business turn the corner:
Nonprofits make similar mistakes over and over again when it comes to their accounting and bookkeeping. Check out our article on classic accounting mistakes, and why your nonprofit needs a professional.
What is a virtual accountant? How might they help your company? In our article about virtual accounting, we break down the typical issues businesses face and how virtual accountants can help:
Once your nonprofit organization gets approved by the IRS for a tax exemption, you must maintain tax exemption. You must know what actions or activities could jeopardize your tax-exempt status.
In this episode, we discuss some questions your for-profit or nonprofit organization should ask an accounting firm before working together.
There is a new emphasis and an upcoming required change in how your NFP financials will present and disclose gifts-in-kind. Accounting Standard ASU No. 2020-07 has mandated this change. It will be effective for annual periods beginning after June 15, 2021. This Accounting Standard improves transparency for gift-in-kind transactions by requiring the following:
What is financial transparency? and what are the benefits to financial transparency reporting in your nonprofit or business?
Accounting software has become a critical resource for business. Learn how to find a solution for yours!
A treasurer is responsible for sharing financial information effectively with stakeholders. Let’s explore what this role looks like in the nonprofit setting.
In uncertain or difficult times, strong decisions count more than ever. For nonprofits, this means that financial and business strategies need to be informed by data.