As the bridge between a nonprofit‘s operations and its stakeholders, financial statements can be a powerful storytelling tool. Traditionally, financial statements provide transparency, demonstrate ...

It's relatively easy to get a copy of a nonprofit organization's year-end tax filing, known as Form 990, because laws governing tax-exempt organizations require these organizations to make their ...

To determine the financial health of a nonprofit organization, you need to understand its financial statements. Some nonprofits are required to publish a Form 990, which is a public document. You can ...

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. Processing Content The book, “ ...

Just about everyone recognizes the challenges and difficulties running a for-profit business but running a nonprofit can be just as challenging, if not more. Many individuals have come to rely – in ...

Terms like “deferred income” and “cash equivalents” are explained in plain English in Not-for-Profit Accounting Made Easy, written primarily for those who haven’t received professional training in ...

At times during audit season, not-for-profit financial statement auditors may feel like medical professionals in January. They’re extremely busy, and many of the “patients” receive the same diagnosis.

Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...