by Dinah | Oct 29, 2024 | Nonprofit Accounting
Highlights Adopting a comprehensive chart of accounts tailored to nonprofit activities Implementing specialized accounting software and training staff Segregating financial responsibilities to prevent fraud Conducting regular internal and external audits Utilizing...
by Dinah | Oct 19, 2024 | Nonprofit Accounting
Highlights Importance of nonprofit grant management for accountability and funder relationships Key steps in grant management: identification, allocation, monitoring, and reporting Benefits of a structured grant management plan for operational efficiency Utilizing...
by Dinah | Oct 15, 2024 | Nonprofit Accounting
Highlights Importance of understanding nonprofit compliance for legal and operational success Choosing the right legal structure and meeting formation requirements Securing federal and state tax-exempt status through proper filings Emphasizing strong governance and...
by Dinah | Sep 24, 2024 | Bookkeeping
Key Highlights This blog talks about common bookkeeping mistakes that small businesses make. It’s important to keep personal and business expenses separate for good financial health. Regular financial reviews and planning for taxes ahead of time are very...
by Dinah | Sep 24, 2024 | Bookkeeping
What are the responsibilities of a bookkeeper? Bookkeepers are responsible for recording financial transactions, maintaining accurate ledgers, reconciling accounts, and generating financial reports. They ensure that all financial data is organized and up-to-date for...
