More about Melissa Murphy
Blog Posts by Melissa Murphy:
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Using Financial and Nonfinancial Data to Calculate Key Ratios
Nonfinancial data can give you context behind the financial data and help support the numbers and decisions made. Tracking ratios and metrics on a consistent basis, such as monthly or quarterly, provides clarity on the goals of the organization and how well the organization is meeting its goals and delivering its mission.Â
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Planning for Efficiency and Value in your Audit
By Jennifer Olivier & Melissa Murphy Believe it or not, there are ways to make an audit an easier and more meaningful to your nonprofit organization. Read on for some tips from the auditors’ perspective. Communication. We all know that communication is important in many aspects of life. During an audit, strong communication is critical […]