Finance & Accounting

Get tips and expert advice on how to optimize your organization's financial management operations, increase transparency and accountability, and collaborate more closely with development and other stakeholders.

bbcon

What’s New and What’s Next: Why Your Finance Team Should Attend bbcon 2024

There are several exciting times of the year for nonprofit finance professionals—budget season, audits, year-end close. But one of our [...]

August 20, 2024| 4 min Read

Compliance

Streamlining Government Grant Compliance: A Checklist for Nonprofits

August 9, 2024| 5 min Read

Crisis Management

How to Manage Your Arts and Cultural Nonprofit’s Revenue Streams in Uncertain Times

July 22, 2024| 3 min Read

Fund Accounting

How Nonprofits Can Avoid Buyer’s Remorse for Fund Accounting Software

July 5, 2024| 4 min Read

Budgeting

The Lifecycle of a Nonprofit Budget: Keeping Your Mission at the Center

July 1, 2024| 7 min Read

All Finance and Accounting Posts

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    Fund Accounting

    Making the Switch: What For-Profit CFOs Need to Know About Nonprofit Accounting

    You worked your way up through the normal accounting roles. You cut your teeth on accounts payable and have managed [...]

    May 14, 2024 | 4 min Read

    Budgeting

    How to Build a Better Nonprofit Budget in Less Time and with Less Stress

    Like a good recipe, your nonprofit budget requires high-quality ingredients, easy-to-follow steps, and a knowledgeable cook or two to put [...]

    May 6, 2024 | 3 min Read

    Fund Accounting

    5 Ways Fund Accounting Simplifies Financial Reporting for Community Health Centers

    With multiple points of accountability and dynamic funding sources, accounting professionals in community health centers face complex challenges. Not the [...]

    May 3, 2024 | 3 min Read

     

     

     
     

     
     

     
     

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    Audits

    Beyond the Audit: 6 Best Practices to Build and Strengthen Your Relationship with Your Audit Firm

    In recent years, relationships between nonprofit organizations and their auditors have seen positive change. Auditors are viewed less by nonprofits [...]

    April 26, 2024 | 6 min Read

    Financial Reporting

    Taking the Guesswork out of Managing Restrictions with a Fund Accounting Solution

    You know how important it is to manage your funds according to their purpose and source. That includes ensuring that [...]

    April 10, 2024 | 6 min Read

    Financial Reporting

    Your Unrestricted Funds Need Stewardship, Too

    Since she signed the Giving Pledge in 2019 and began her momentous campaign of organization-changing donations, MacKenzie Scott has given [...]

    April 8, 2024 | 5 min Read

    Budgeting

    3 Strategies to Build Your Organization’s Financial Capacity

    Here are three strategies your organization can use to build its capacity to plan for more, not less resources to meet its mission.

    April 4, 2024 | 3 min Read

    Fund Accounting

    Why Fund Accounting Software Beats Spreadsheets for Nonprofit Grant Reporting and Compliance

    You’ve been grant shopping for some time now, but are you prepared for what’s next once you start to receive [...]

    April 2, 2024 | 3 min Read

    Change Management

    How a Project Charter Can Help You Have a Successful Fund Accounting Software Implementation

    Have you ever been pulled into a meandering project with no clear direction or goals? Projects like these can drain [...]

    March 21, 2024 | 4 min Read

    Financial Reporting

    Statement of Activities: Common Mistakes and How to Avoid Them

    The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. It offers [...]

    March 7, 2024 | 5 min Read

    Compliance

    Don’t Jeopardize Your Nonprofit Compliance with a Commercial Accounting System 

    Grant-funded nonprofits know compliance isn’t a nice-to-have. It’s a must-have. You might be able to win back an unhappy donor [...]

    February 12, 2024 | 4 min Read

    Fund Accounting

    5 Tips for Community Health Centers to Transition to New Fund Accounting Software

    The right fund accounting software can save you time and streamline your processes. But as a community health center, you’re [...]

    February 9, 2024 | 3 min Read

    Fund Accounting

    4 Financial Metrics to Increase Transparency for Your Nonprofit

    Every day, you and your donors are inundated with thousands of pieces of news and bits of information. It can [...]

    December 29, 2023 | 4 min Read

    Fund Accounting

    7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

    Working with a lean budget means even the slightest unexpected expense can create a stressful situation. Even though inflation made [...]

    December 20, 2023 | 6 min Read
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