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Nonprofit Accounting Basics
Generally accepted accounting principles (GAAP), in Statement of Financial Accounting Standards No.
To launch a capital campaign is a major decision for any nonprofit. Capital campaigns are not for all organizations. Those who decide to start one must ensure:
In this article, we will take a closer look at ways to improve communication specifically between the accounting and development departments.
Joint Costs of Multi-purpose Activities. This is the subject of AICPA Statement of Position No. 98-2.
On December 18, 2015 the President signed the PATH Act (Protecting Americans from Tax Hikes Act).
Raffles are gaining popularity for nonprofit fundraising. Often combined with a gala or other big event, raffles are accessible and fun.
Attachment I - SOP 98-2 - excerpts