Executive Directors – It’s What You Don’t Know That Can Sink You

I’m an English major.  I don’t want to deal with accounting.  I would rather not power up Excel. But I do understand how important it is to get accounting right. Accountability.  Good Stewardship. … Continue reading

Excellent FASB ASU 2016-14 Resources Available from AccuFund

Time is running out.  Soon (depending on your organization’s fiscal year end) the deadline for new FASB 2016-14 reporting compliance will be here.  Are you ready? There’s a lot of work to be… Continue reading

Nonprofit Forum: Building a Superior Budget

Financial Technologies and Management (FTM) has been providing an excellent monthly online Nonprofit Forum series. The Nonprofit Forum is in its third year – the healthy turnout at each month’s Nonprofit Forum is… Continue reading

The Worst Way to Solve a Cash Flow Problem…EVER!

The Nonprofit Quarterly has an excellent, if unsettling, article called ‘The Worst Nonprofit Financial Choice in the Face of Stress: One More Example‘ about Nonprofit organizations dealing with cash flow issues by not… Continue reading

How nonprofits can regain their tax-exempt status

Each year, the IRS revokes the tax-exempt status of more than 100 nonprofit organizations. The reasons can range from failing to file an annual return for three consecutive years to spending too much… Continue reading

Q&A with Rocky Davidson, CPA of Qbix Accounting Solutions on Outsourced Accounting Services for Nonprofits

Q&A with Rocky Davidson, CPA of Qbix Accounting Solutions on Outsourced Accounting Services for Nonprofits Q: Outsourcing isn’t a new concept, but it is relatively new to nonprofits, why is that? Rocky Davidson,… Continue reading

Accounting Software Comparison: Xero, QuickBooks, Sage Intacct

Selecting an accounting software solution is one of the most important decisions you will make for your organization. Understanding your financial status allows you to make informed decisions. Leveraging technology allows you to… Continue reading

Legacy Strongholds in Your Nonprofit

Because I write about nonprofit accounting a lot, the term “legacy” usually comes up in the context of software systems. For example, an accounting system that was designed in the 1980s but is… Continue reading

Must Read eBook: Confessions of Nonprofit Executive Directors

I love this eBook. It’s fiction, but it tells the real story. Sometimes (much of the time?) online information is so sterilized that it loses any opportunity to be helpful. No one wants… Continue reading

AccuFund Announces 1st National User Conference

If your organization uses AccuFund software you’ll want to attend the company’s first national conference. Yes, conferences involve travel, time, and money.  But there is no better way to gain additional proficiency and… Continue reading

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