Nonprofit Accounting Basics

Recent Articles

Strategic and Financial Planning

Without a solid strategic plan to guide future decisions, direct staff in the right direction, and help the board and staff assess accomplishments, the organization functions without a rud

Protection

Satisfactory protection against liability (and loss) starts with rigorous risk management.

Liability

With authority and legal responsibility comes liability.

Ensuring Adequate Resources

The board must ensure adequate resources to allow the organization to carry on its mandate. Financial resources feed into the health and stability of the organization.