Nonprofit organizations are frequently adjusting their goals and priorities to meet changing societal and financial trends. Working with small...
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Humentum is a global membership association that partners with the global development community to be an equitable, accountable, resilient force for...
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The updated revenue recognition standards, found in the FASB ASU 2018-18 and ASC Topic 606, represent some of the largest changes to nonprofit...
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Over the past several years, nonprofit finance teams have had new guidance from FASB to learn and implement within their organization to stay...
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Nonprofit finance leaders have an important role to play in driving innovation within their organizations. By improving internal efficiencies,...
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The financial deterioration brought on by the COVID-19 pandemic has dramatically increased community needs while simultaneously delaying and...
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As the Coronavirus (COVID-19) pandemic spreads throughout the world, governments, businesses and nonprofits race to adapt and respond to limit human...
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What is a Chart of Accounts? A chart of accounts is a list of all accounts used by a business in the general ledger. This defines each class of items...
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Each time a major nonprofit fraud makes headlines, nonprofit finance leaders are reminded once again of the critical importance of transparency and...
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Across all types of nonprofit sectors, the expectations of funders and stakeholders demand more transparency and better explanation of the financial...
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FASB 958—it’s the biggest change to nonprofit financial reporting standards in more than a decade, and the deadline for compliance is staring our...
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With limited resources, most nonprofit financial management teams are stretched thin. Every month-end, quarter-end, and year-end, the team is under...
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