by Laura Jorstad | Jun 21, 2020 | Accounting and Audit, Best Practices, Management
What’s the Most Important Thing for a Leader to Know About Financial Reports ne of the most rewarding angles of our partnership with nonprofits is working closely with the leaders in the organization to understand what the numbers on those monthly financial reports...
by Laura Jorstad | Feb 28, 2020 | Accounting and Audit, Management, Nonprofit
Breaking Down the Costs of Outsourced Nonprofit Accounting 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,...
by Laura Jorstad | Jan 18, 2020 | NFP Partners Clients and News
Three Thoughtful New Year’s Resolutions 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...
by Laura Jorstad | Jan 3, 2019 | Accounting and Audit, Best Practices, Management, NFP Partners Clients and News, Nonprofit
What Your Nonprofit Needs to Know About Audits 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...
by Laura Jorstad | Jan 3, 2019 | Accounting and Audit, Best Practices, Management, Nonprofit
Nonprofit Audit vs. Financial Review and Rotating Audit Firms 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...
