by Laura Jorstad | Feb 28, 2020 | Accounting and Audit, Management, Nonprofit
There are many reasons nonprofit organizations are moving to outsourced accounting services (OAS). The one most cited by top managers of fast-growth organizations is being able to focus on the mission, programs, and fundraising while having the assurance that finances...
by Laura Jorstad | Jan 18, 2020 | NFP Partners Clients and News
Here we are, almost through the first month of the New Year. I sure wish time could slow down. Just like last month, we talked about how December is a time of reflection of the year that is ending, January is the time for planning for a successful new year. These...
by Laura Jorstad | Dec 20, 2019 | NFP Partners Clients and News
Call me crazy but growing up, December was my favorite time of the year. Why is that crazy? Well, I grew up in Minnesota, which I’m sure is one of the coldest places to live in the winter. Being excited for such a chilly time of the year makes me wonder about the...
by Laura Jorstad | Jan 3, 2019 | Accounting and Audit, Best Practices, Management, NFP Partners Clients and News, Nonprofit
Most nonprofit organizations require an annual audit by a CPA. Smaller organizations can get by with what is called a review – or an “audit light.” For personnel who work in the accounting department, it’s too often anxiety time. Relax, if you are routinely generating...
by Laura Jorstad | Jan 3, 2019 | Accounting and Audit, Best Practices, Management, Nonprofit
NFP Partners provides services to a variety of nonprofits and as a part of the services, we participate in the madness of helping them prepare for their annual audit. We often have conversations with our nonprofit clients regarding the necessity of an audit and if a...
