Introduction to Nonprofit Finance
Beyond providing a primer on fiscal staffing/infrastructure needs, this guide from CompassPoint Nonprofit Services includes definitions of finance terms and content around financial statements. From a 2018 workshop facilitated by Shannon Ellis.
“Nonprofit organizations need solid financial management for both internal management and decision-making and external reporting and accountability to stakeholders.… For your organization’s financial management system to be fully effective, you must first ensure that you have accurate and reliable accounting data. Two factors that can influence this significantly are having effective finance staffing and a strong accounting system.”
