By Jayme F. Moore, CPA, Vice President & Director For many nonprofits, strong communication between the accounting and development teams is essential for success based on their critical roles within the organization. Development is typically responsible for...
By Linda J. Kramer, CPA, MBA Accounting & Auditing Director Non-profit organizations that rely on grants and contributions to support their mission should be aware that those grants and donations may come with restrictions. Restrictions require special attention...
By Sean McNeil, CPA, MBA, Accounting and Auditing Director Looking for new sources of income for your nonprofit organization? It may be hidden in your own treasury in the form of excess cash. Nonprofits can invest excess cash with limited risk options that include...
By Jayme F. Moore, CPA, Vice President & Director Often times, discussions about endowments may result when a nonprofit organization is approached by a donor who wants to contribute a large gift. Essentially, endowments are donor restricted contributions that are...
By Jayme F. Moore, CPA Vice President and Director Effective cash handling controls are essential to help mitigate potential theft, fraud and errors. Organizations that establish strong cash controls can support financial integrity and trust for their organization....
By Sean S. McNeil, CPA, MBA Accounting and Auditing Director Nonprofit organizations use many names to describe their major fundraising efforts. While the labels differ, the purpose of development and advancement remains consistent: to sustain the mission of the...
