Do Nonprofits Use Cash or Accrual Accounting?
The Charity CFO
APRIL 5, 2022
And it may be the right choice for small nonprofits that don’t have experience with accounting, the budget to hire help, or time to learn. Also, revenue must be recorded when it is actually or “constructively” received. Do you need to undergo an audit? . An annual audit is required by your organization’s bylaws. ??
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