Nonprofit Accounting Basics

Recent Articles

Operating Reserves: The Key to Building Financial Flexibility

The Nonprofit Operating Reserves Initiative Workgroup (NORI) first began meeting in 2007 to address the alarming

Compensation Philosophy

Salaries and compensation packages are determined as part of employment negotiations.

Policies

Creating a policy is like making a decision when you have time to be thoughtful, to do adequate research, and to consult colleagues and other professionals rather than making decisions in haste as

Conflict of Interest

What is conflict of interest?

A conflict of interest arises when a board or a staff member is in a situation where his decision making may be impaired by personal, financial, or other busin