by the NFP Partners Team | Mar 6, 2019 | Accounting and Audit, Management, NFP Partners Clients and News, Nonprofit
Nonprofit Accounting Reports and What to do With Them Since you’ve read all of NFP Partner blog and newsletters, you know how to read financial statements. If you don’t, please read this article to get up to speed. After reading the article, you should now know the...
by Lee Bengston | Mar 6, 2019 | Accounting and Audit, Management, NFP Partners Clients and News, Nonprofit
The Cost of Nonprofit Accounting Employee Turnover Employee turnover is no stranger in the nonprofit world. Although it’s difficult to get reliable and current statistics by position types, an annual rate of 25% is a fair overall benchmark. This article shows how your...
by the NFP Partners Team | Jan 3, 2019 | Accounting and Audit, Best Practices, Nonprofit, Technology
Has Your Nonprofit Outgrown its Accounting Software? We often get asked, by growing nonprofit organizations, whether they have outgrown their accounting software – most notably QuickBooks. Let’s preface this by saying when we get asked, the honest answer is—it...
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...
by the NFP Partners Team | Jan 3, 2019 | Accounting and Audit, Management, Nonprofit
How to Communicate Your Nonprofit’s Financial Story Let’s face it; nonprofit financial data has a reputation for being boring and can fill even the most devoted professionals with dread. To change this perception, nonprofit organizations should create and convey...