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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Nonprofit organizations distinguish themselves from for-profit entities through their purpose and mission.

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3 Top Compliance Challenges for Nonprofits + Expert Advice

NonProfit Leadership Alliance

There are numerous legal hurdles to clear in the nonprofit formation process and beyond. Whether you’re filing for tax-exempt recognition or recruiting volunteers for your next fundraiser, every phase of your nonprofit’s existence has guidelines that set boundaries for its operations. At a minimum, your board should meet annually.

Finance 200
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Google Grant Compliance: What You Need to Know

Ann Green

Complying with Google’s guidelines will help you maintain a healthy Ad Grant account. Here’s what any nonprofit needs to know about Google Grant compliance. Google Grants have transformed the nonprofit marketing landscape. However, nonprofits must follow certain requirements to remain eligible.

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New Rules For Nonprofit Lease Accounting: ASC 842 Explained

The Charity CFO

Updated standards on accounting for nonprofit leases ( ASC 842 ) go into effect this year for most organizations–and next year for the few remaining exceptions. If you’re not sure that your organization has adopted the new standards detailed in ASC 842, then keep reading. What is ASC 842 for nonprofit lease accounting?

Finance 98
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How to maximize efficiency with nonprofit accounting software

The Charity CFO

How can nonprofit accounting software help your organization with efficiency? In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance. Meeting these requirements is crucial to the organization’s survival and to maintain donors’ trust.

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How to Fix Your Nonprofit Accounting

The Charity CFO

Your nonprofit accounting system might not be the most exciting part of your organization, but it’s one of the most important aspects. An effective accounting system helps you stay in compliance with tax and legal regulations–helping you maintain your exempt status. However, effective accounting isn’t just about following rules.

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Four Ways Nonprofit Leaders Can Approach Compliance Challenges

Momentum Nonprofit Partners

Guest Blogger Trevor Benitone of Adams Keegan shares tips for nonprofit compliance When it comes to operating a nonprofit, it’s seldom as straightforward as simply giving back. Some of the matters always on the minds of nonprofit leaders include concerns about fundraising, accounting, and record-keeping.