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10 Internal Controls for Safe Nonprofit Finances

Top Nonprofits

Nonprofit accounting is unique when compared to for-profit accounting. This is primarily because nonprofits agree to reinvest all of their revenue back into the mission at hand in exchange for tax-exempt status. Generally, they’re segregated into four categories: Financial managers or leadership.

Finance 52
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The Difference Between Traditional Payroll and a PEO for Nonprofits

The Charity CFO

Whether you choose traditional payroll or a PEO, ensure that the provider understands the unique needs of nonprofit organizations. At The Charity CFO , we understand the complexities of nonprofit finances and operations.

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Accounting Basics for Nonprofits - A Primer for Non-Finance Leaders

Nonprofit Fixer

When you’re busy leading a nonprofit—developing program strategies, cultivating donors, supporting staff—thinking about accounting and finance can feel like an afterthought. But to be successful, nonprofit leaders need a functional grasp of the basics of nonprofit accounting and financial management.

Finance 52
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4 Best Practices for Managing Advocacy Group Finances

Top Nonprofits

Your advocacy group’s leadership can also help ensure each policy aligns with compliance standards. Consult a nonprofit accountant While the best practices above are a great starting point, your advocacy group’s financial management will be unique to your organization’s operations and financial circumstances.

Finance 52
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Nonprofit treasurer duties: Where you should focus

The Charity CFO

A position to oversee finances may sound a lot like an accountant, but there are important distinctions between the two. Many nonprofits do not have in-house accountants and choose to outsource instead. Without the support of others in leadership, a treasurer’s role can be very overwhelming at first.

Finance 52
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5 Common Misconceptions (& Realities) About Nonprofit Audits

NonProfit Leadership Alliance

Its no secret that effective financial management is critical for nonprofits to thrive. However, many aspects of nonprofit finance can be confusing or difficult to navigate, from deciding how much of your budget to spend on overhead to choosing an accounting platform to organize your records. Did you enjoy this story?