Nonprofit Accounting Basics

Recent Articles

Tax Alert: IRS Issues Guidance Eliminating Schedule B for Many Organizations

The Treasury Department has issued new guidance which eliminates the requirement to disclose the names and addresses of donors for a large swath of exempt organizations.

Preparing for ASU 2016-4: A Checklist and Glossary

Preparing for ASU 2016-4

The New Tax Bill – What Nonprofits Should Know Right Now

With this new tax bill comes sweeping changes that potentially impact all U.S. taxpayers, including exempt organizations.

Internal Controls for Medium and Large Non-Profits-Part II

Internal Controls for Medium and Large Non-Profits-Part II, which is presented by Shawn Miller of Calibre CPAs, continues the discussion relating to controls that can be implemented to mitigate the

Occupational fraud and what you can do to help prevent it

Unfortunately, we’ve become too accustomed to reading or hearing news on incidents of fraud in organizations. Hardly a week goes by that something doesn’t appear in the popular press.

Nonprofit Operating Reserves Initiative Website

Beginning November 1, 2017 the NonprofitAccountingBasics.org website added an important new resource it its “Fundamentals” section.

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

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

Independent Contractor vs. Employee: Let's Get it Right

Determining Whether the Individuals Providing Services are Employees or Independent Contractors

In determining whether the person providing service is an employee or an ind

4 Tips to Create Your Nonprofit’s First Succession Plan

Losing your nonprofit’s executive director is a lot like losing your trail guide in the middle of the forest – slightly terrifying, completely disorienting and leaving you wishing you’d spent more