Nonprofit Accounting Basics

Budgeting and Strategic Planning

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

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

Be Prepared: Why Enterprise Risk Management is Essential for Nonprofits

Corporations and organizations have long understood the value of systematic planning for worst-case scenarios to avoid unwelcome surprises, known as enterprise risk management (ERM).

Budgeting and Financial Planning

Effective financial management is an ongoing process that features a cycle of good management habits.

Capital Budgets Play an Important Role in Nonprofit Planning

Annual operating budgets for nonprofit organizations will always be center stage, drawing the attention of senior management, Board, and staff.

How Can I Explain the Bottom-Line Budget Impact of Multi-Year Grants?

Question: I am the Executive Director of a nonprofit organization that was recently awarded a 3-year grant. We recorded the grant in full last year.

Nonprofits Are Embracing Enterprise Risk Management

An increasing number of nonprofits have embraced enterprise risk management (ERM), which is a structured and continuous process designed to provide an organization’s board and senior leaders a stra

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