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The Role of the Board in Nonprofit Financial Oversight

NonProfit Hub

Help your board execute its essential role in overseeing your nonprofits finances and keeping your organization afloat. How Nonprofit Leadership Can Assist Drafting policy recommendations. How Nonprofit Leadership Can Assist Preparing and presenting the budget. Providing legal and financial guidance.

Finance 75
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10 Internal Controls for Safe Nonprofit Finances

Top Nonprofits

Nonprofit accounting is unique when compared to for-profit accounting. This is primarily because nonprofits agree to reinvest all of their revenue back into the mission at hand in exchange for tax-exempt status. The post 10 Internal Controls for Safe Nonprofit Finances appeared first on Top Nonprofits by NXUnite.

Finance 52
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5 Common Misconceptions (& Realities) About Nonprofit Audits

NonProfit Leadership Alliance

Its no secret that effective financial management is critical for nonprofits to thrive. However, many aspects of nonprofit finance can be confusing or difficult to navigate, from deciding how much of your budget to spend on overhead to choosing an accounting platform to organize your records. Did you enjoy this story?