July 7, 2016

Month-end close

MONTH-END CLOSING CHECKLIST

Effective Grant Management, Fund Accounting, Grant Management, Non Profit Compliance, Non-Profit Accounting, Tax Exempt Non-Profits / By

The end of the month can be a hectic time in any company. A monthly checklist can help ensure that all financial transactions that affect your bottom line are accounted for. Set a deadline for the month end close to ensure no transactions are missed, (for example, close month and run reports by the 15th

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NET ASSETS

Accounting Standards Updates Issued 2016

Effective Grant Management, Fund Accounting, Grant Management, IRS News and Updates, Non Profit Compliance, Non-Profit Accounting, Non-Profit Board and Regulations, Non-Profit Regulations, Tax Exempt Non-Profits / By

This post would be of interest to in-house and/or contractual accountants and CPA’s concerning changes reported by FASB (Financial Accounting Standards Board) for the year 2016. It is important to keep abreast of the changes being implemented, especially since in 2014, where the new standards resulted from a convergence effort between the Financial Accounting Standards

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