It is not surprising that many nonprofit board members do not fully understand financial statements—despite the fact that understanding those statements is very important to good governance. In my consulting career with non-profits I have found that so many executives and board member have no clue about financial statements and not being able to read
Non-Profit Trends Reporting Read More »
Non-profits have many challenges, ensuring adequate funding is one challenge but operations can be an equally challenging endeavor. The major interest of funders, donors, board members, communities, beneficiaries, governments or any other interested parties in a non-profit organization is whether the nonprofit has achieved its mission. Managers of nonprofits have the fiduciary responsibility to efficiently
Non-Profit Accounting Challenge Read More »