The Charity CFO

APRIL 26, 2024

Here are seven questions to ask a nonprofit accountant before working with them. As a nonprofit leader, you know nonprofit accounting isn’t the same as for-profit business accounting. Yet, it’s all too common for nonprofits to hire an accounting team with little to no experience in nonprofit accounting.

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The Charity CFO

AUGUST 15, 2023

In this section, we will debunk the three most common nonprofit accounting myths. Myth #1: Nonprofit Accounting is Completely Different from For-Profit Accounting One reason accountants seeking a new role may steer clear of a nonprofit accounting position is that they assume the methods are completely different.

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The Charity CFO

JANUARY 17, 2022

The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . So let’s start with the basics, and later we’ll dig into some of the things that make nonprofit accounting unique. . The #1 accounting mistake that nonprofits make is hiring the wrong people to help them.

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