Nonprofit Accounting Basics

Budgeting and Strategic Planning

Annual Budget Process Assessment: Is Your Budgeting System Helping to Drive Results?

Originally Posted: September 16, 2020

Stepping back once a year to take a high-level assessment of your budget system is both a best practice and a proactive exercise.

Be Prepared: Why Enterprise Risk Management is Essential for Nonprofits

Originally Posted: March 15, 2021

Corporations and organizations have long understood the value of systematic planning for worst-case scenarios to avoid unwelcome surprises, known as enterprise risk management (ERM).

Budgeting and Financial Planning

Originally Posted: September 1, 2022

Effective financial management is an ongoing process that features a cycle of good management habits.

Capital Budgets Play an Important Role in Nonprofit Planning

Originally Posted: November 26, 2021

Annual operating budgets for nonprofit organizations will always be center stage, drawing the attention of senior management, Board, and staff.

How Can I Explain the Bottom-Line Budget Impact of Multi-Year Grants?

Originally Posted: August 6, 2021

Question: I am the Executive Director of a nonprofit organization that was recently awarded a 3-year grant. We recorded the grant in full last year.

Nonprofits Are Embracing Enterprise Risk Management

Originally Posted: March 5, 2021

An increasing number of nonprofits have embraced enterprise risk management (ERM), which is a structured and continuous process designed to provide an organization’s board and senior leaders a stra

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