Nonprofit Accounting Basics

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Generally Accepted Accounting Principles

Originally Posted: October 1, 2020

What is GAAP?

GAAP is an acronym for Generally Accepted Accounting Principles. These principles constitute preferred accounting treatment.

Assessing Fraud Risk

Originally Posted: October 1, 2020

One question I frequently ask nonprofit organizations I speak to is, “What processes are in place for identifying, responding to, and monitoring fraud risks?” Most times, the response describe

Matthew Duvall, CPA

E. Cohen and Company, CPAs

FLSA (Fair Labor Standards Act)

Originally Posted: October 1, 2020

Dawit Negari, CPA, CFE, CGFM, MBA

Rubino & Company, Chartered

Is Your Data Protected for Phishing Attack?

Originally Posted: September 30, 2020

No matter what kind of organization you run, if you use the internet, you are at risk of a cyberattack.

Annual Budget Process Assessment: Is Your Budgeting System Helping to Drive Results?

Originally Posted: September 16, 2020

Stepping back once a year to take a high-level assessment of your budget system is both a best practice and a proactive exercise.

IT Security is More Critical than Ever for Nonprofits and Associations

Originally Posted: September 2, 2020

With employees working from home, many nonprofits and associations (particularly smaller organizations) are more concerned than ever about information technology (IT) security.

Susan Detwiler

The Detwiler Group

Can your board answer “What Is Your Organization Identity?”

Originally Posted: September 1, 2020

What makes you different from another institution? Why are there 5 different gardens? Why 8 different homeless shelters? Why 6 different animal welfare organizations?

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