Nonprofit Accounting Basics

Recent Articles

Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement

As part of FASB’s ongoing initiative to improve the effectiveness of the notes to the financial statements, modifications were made to the fair value measurement disclosures.  On August 28, 20

Accounting 101

Financial accounting is the act of tracking transactions with the goal of providing accurate and timely information about an organization’s financial position and performance.  Without account

Compensation Philosophy

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