Accounting is time-sensitive. Here’s a primer on cutoffs for reporting revenue and expenses to help companies that use accrual-basis accounting.
Good delegation is essential to running your nonprofit efficiently and cost-effectively. Here’s how to choose tasks and staffers so that you have more time to focus on important projects.
It’s almost time for year-end inventory counts. But, if COVID-19 cases are surging in locations where your company’s stores its inventory, you might need to alter your approach.
The Donor Bill of Rights still offers solid principles for the care and handling of your nonprofit’s donors. But to help protect the charity/donor relationship, you should also learn about recent amendments to the original list.
As long as the pandemic continues, nonprofit boards must be on their toes. Budgets and financial statements, in particular, may alert your board to impending trouble. Here’s what members should look for.
