Remove Auditing Remove GAAP Remove Math Remove Numbers
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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

You can grasp nonprofit accounting basics in just a few minutes, even if you’ve never taken an accounting course (and even if you hated math in high school). How it works in real-life: Let’s say you host a fundraiser in September that generates a significant number of donations. Difference #3: Functional Expenses. Fundraising expenses.

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Two CFO-Level Accounting Tools to Add Value to Your Accounting Services

The CFO College

Yes, automations can crunch numbers, but there is so much more to providing accounting services than calculations. Skill #2 - The Permanent Audit Trail. Along with a PDR, it’s important to set up a Permanent Audit Trail, because like it or not, audits happen in all industries.