The Charity CFO

APRIL 29, 2022

Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. What is a financial statement audit?

Nonprofit 105

Nonprofit Auditing General Ledger Reconciliations 105

The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. Furthermore, nonprofit bookkeeping differs in some critical ways from for-profit bookkeeping too. Manage payroll .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. In this case study, we’ll explore real stories of nonprofits who have transformed their organizations by using technology to streamline their financial infrastructure. What is the actual goal in a nonprofit accounting setup? Let’s meet these organizations.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Centage

OCTOBER 3, 2022

Fraud can be challenging to prevent if there is a lack of an audit trail with Excel. Instead, you must share a single password with everyone in your business who needs access. Excel also lacks role-based security, so anyone with the password can see everything in the spreadsheet.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

OCTOBER 3, 2022

Fraud can be challenging to prevent if there is a lack of an audit trail with Excel. A full-service waste and recycling company known as Amwaste, LLC, and a nonprofit trade association known as the Computing Technology Industry Association experienced issues with budgeting and forecasting in Excel that Centage Corporation helped solve.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52