Remove Law Remove Management Remove Non-Profits Remove Nonprofit Accountability
article thumbnail

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths.

article thumbnail

Understanding Functional Expenses for Nonprofits

The Charity CFO

Functional expense reporting confuses many first-time nonprofit bookkeepers and executives. But, because most for-profit companies don’t track functional expenses, they’re just not familiar with it. But it is need-to-know-information in the nonprofit world. So why do nonprofits track functional expenses?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accounting for In-Kind Donations to Nonprofits

The Charity CFO

In-kind donations help your nonprofit get the resources you need to carry out your programs without asking for more cash. But accounting for in-kind donations presents its own unique challenges. The estimated market value gets recorded as both revenue and an expense on your profit and loss statement.

Values 98
article thumbnail

Dr. James explains the power of giving: why leading with a gift always wins

iMarketSmart

If there was a seminar at the Law School, we would invite them to that. This sharing exchange is always non-transactional. Game theory: Able to reciprocate Giving in the primal game has an unbreakable law: Giving must be seen by partners who are able and willing to reciprocate. They can make a profit.

article thumbnail

Why Do Nonprofit Accountants Quit?

The Charity CFO

Triná Owens is a former nonprofit financial director who left her job to become an Accounting Manager at The Charity CFO. In this episode, she and Tosha tell you the top reasons that your accountants don’t stick around. In this episode, you’ll discover: The top 3 reasons nonprofit accountants walk out the door.

article thumbnail

How to Step Up Your Nonprofit Social Media Strategy & Increase Donations

Nonprofit Marketing Insights by GlobalOwls

Get the most out of it for your nonprofit by following the tips below. The impact of your non-profit is something worth sharing in and off the web. As a nonprofit, you have access to benefits on social media that normal accounts and for-profit businesses don’t have access to. So what are your goals?

article thumbnail

PODCAST: Understanding Fundraising & Human Behavior

The Charity CFO

Why do people give to nonprofits?”. And while he’s found that the answers vary wildly, he’s managed to identify some core principles that can predictably boost giving to your nonprofit. For more nonprofit accounting resources check out www.thecharitycfo.com. Why you need to “humanize” your communication.