Accounting
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Getting out of Excel Spreadsheets
Too heavily dependent on Excel spreadsheets? We look at some of the most common misuses of Excel, and when a system may better serve your needs.
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New Directions in Spend Management Tools
Newer cloud-based spend management tools are now available for nonprofits. Be sure to analyze your requirements against the proposed features for your nonprofit!
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Grant Management Miniseries Part II
Post-award grant monitoring is one of the biggest challenges reported by our nonprofit clients. In this blog, we suggest some approaches to structure, process, and systems to best support this function.
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Lease Standard Education Series for Nonprofits – Audit Preparation Recommendations
In this final edition of our lease educational series for nonprofits, we provide audit preparation recommendations to help ready you for your next audit engagement. Learn more here.
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Lease Standard Education Blog Series – Financial Statement Presentation and Footnote Examples
In this edition of our lease educational series for nonprofits, we dive into the standard by reviewing the financial statement presentation and applicable footnotes. Learn more here.
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Lease Standard Education Series for Nonprofits – Building Lease Example, Change in Lease Classification
In this edition of our lease educational series for nonprofits, we dive into the standard by learning from another example – a modified building lease where there is a change in lease classification. Learn more here.
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Miniseries – Best Practices for the Month-end Close – Financial Reporting & Analysis
Waiting on financial reports is frustrating. It’s even more frustrating when reports are issued late AND they are hard to read. To make informed financial decisions and react quickly to changing economic and other conditions, it is critical for nonprofits to master closing the books on a timely basis while also providing understandable and accurate […]
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Lease Standard Education Series for Nonprofits – Building Lease Example, No Change in Lease Classification
In this edition of our lease educational series for nonprofits, we dive into the standard by learning from another example – a modified building lease where there was no change in lease classification. Learn more here.
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Miniseries – Best Practices for the Month-End Close – Closing Revenue
Recently, I was in a meeting with a large nonprofit reviewing the monthly financial statements when the director of development spoke up and said, “That’s not what we have as total contributions for the month!” After an awkward pause, there was an intense discussion about what happened. Has something like this ever happened to you? […]
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Lease Standard Education Series for Nonprofits – Copier Lease Example
In this edition of our lease educational series for nonprofits, we dive into the standard by learning from an example – a copier lease example. Learn more here.