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Fraud Prevention – If You Don’t Have a Plan, You Are Unprepared.

Fraud Prevention – If You Don’t Have a Plan, You Are Unprepared.

by Staff | Dec 30, 2022 | Compliance, Payroll & Tax, Financial Reporting & Board Oversight

Need a resolution for next year? How about fraud prevention? Fraud is stealing or misusing an organization’s resources intentionally. It is expensive and can cause a lot of damage. Nonprofits are especially vulnerable because employees are assumed to have altruistic...
#AccountingDay – We’ve come a long way!

#AccountingDay – We’ve come a long way!

by Staff | Nov 10, 2022 | Leadership, Trends & Community

Today is #AccountingDay! The roots of accounting date back to Mesopotamian times and the double entry system was introduced in Venice in the 1450’s. After the entrance of computers, the internet is arguably the biggest recent game changer to this industry. We want to...
Best Practices For Tracking Donations

Best Practices For Tracking Donations

by Staff | Oct 11, 2022 | Grants, Donations & Fund Accounting, Nonprofit Bookkeeping

As we start to approach the year’s end, it is no time to let your books give you nightmares! No spells or seances are needed to have your donation records all neat and tidy. Tracking donations keeps you accountable to your donors and ensures your organization avoids...
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