Remove Non-Profits Remove Nonprofit Accountability Remove Nonprofit Organizations Remove Technology
article thumbnail

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

The nonprofit sector is full of rewarding and impactful careers because it plays a crucial role in addressing various social, environmental, and humanitarian challenges. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

article thumbnail

5 Challenges Nonprofits Face in 2024

The Charity CFO

You may also want to reach out to professionals who can help guide your organization. For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. However, it can be difficult to choose the right nonprofit tech stack to fit your organization’s needs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Properly Record Revenue for Nonprofits

The Charity CFO

While the nature of a nonprofit means you’re focusing more on your mission than making money, bringing in revenue is still essential. This can lead to unique accounting and recordkeeping challenges that for-profit businesses don’t have to face—especially related to revenue classification. Why use technology to track donations?

article thumbnail

Why Do Nonprofit Accountants Quit?

The Charity CFO

At the same time, hundreds of nonprofits are waking up to realize that the financial structure they’ve always relied on doesn’t work as well any more. And they’re tired of the hamster wheel of hiring, re-hiring, training, and re-training bookkeepers and accountants. So why do accountants leave nonprofit organizations?

article thumbnail

Building Better Solutions for the Nonprofit Community

The Charity CFO

So how did a former VP at Goldman Sachs end up serving nonprofits? And what can the for-profit world learn from the nonprofit world? Find out in this week’s episode of A Modern Nonprofit Podcast. Why the $1B nonprofit industry is so horribly underserved (and why it’s a HUGE missed opportunity). Thanks for watching.

article thumbnail

Cleaning Up the Skeletons in Your Financial Closet

The Charity CFO

For more nonprofit accounting resources check out www.thecharitycfo.com. ?? You used to audit nonprofit organizations back in the day, similar to me, but while I was the CFO of a nonprofit, you were my auditor. And when I left that organization, you actually took my spot. So really interesting stories.

Finance 98