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Which Financial Statements Are Most Pertinent to a Nonprofit Organization?. Nonprofits are organizations that are not owned by shareholders and are not intended to earn profit for distribution.
Banks are uniquely positioned to serve as stabilizing forces for nonprofits during this period of uncertainty, offering both financial tools and strategic partnerships.
As the bridge between a nonprofit’s operations and its stakeholders, financial statements can be a powerful storytelling tool.
Many CPAs who represent notfor-profit clients and serve on not-for-profit boards may be interested in a web page created by ...
Here's how to navigate financial statements and to trace where your tax dollars and charitable donations are going.
Financial statements for nonprofit organizations must show all incoming and outgoing funding to demonstrate how the nonprofit operates.
Nonprofits will need to change the way they report information about net assets, expenses, and other items in annual financial statements in fiscal years starting in 2018, the Financial Accounting ...
BDO USA has released the third edition of its guide to nonprofit financial reporting, updated to include the recent changes by the Financial Accounting Standards Board. The book, “ How to Read ...
Nonprofits should make key documents — such as audited financial statements and annual reports — readily available on their websites.
Now, nonprofits are only required to submit reviewed financial statements if the entity has an annual gross revenue of $500,000 or more, as opposed to the previous lower threshold of $200,000. [5] ...
The objective of this article is to compare and contrast the non-profit financial statement and the one for for-profit organizations.