Found 1077 Results
Reply To: Allocating Severance Pay/ Retirement Insurance – Functional Allocations
Hello, Tony. This is a classic accounting conundrum. In my view, the answer depends largely on the nature of the expense. If the cost relates…
Reply To: Inconsistent IRS Guidance on Conflicts of Interest
This looks like a classic case where the sample policy is a starting point rather than the final word. The distinction between an “interested person”…
Reply To: Nonprofit Profit Reserves: The Real Deal – Reflection
The pandemic really demonstrated how valuable operating reserves can be when circumstances suddenly change. The stories shared here show that reserves are not only for…
Reply To: How do you capture obligations when a new grant award arrives?
When a new grant arrives, the obligation should be captured as soon as the award is formally accepted. The important thing is to record the…
Reply To: Maximize Impact: An Ecosystem Approach to Innovative Nonprofit Program Design
This survey looks quite intriguing. The focus on an ecosystem approach to programme design is certainly an interesting take, particularly when organisations can so easily…
Reply To: Private: Nonprofit dissolution and use of finances
Michael, I admire the proactive approach to staff welfare in such a difficult situation. At this stage, financial decisions shift from growth to stewardship and…
Reply To: Blog: Rethinking Perpetuity -Resetting Endowment Expectations after the Pandemic
The world of endowments can sometimes feel like trying to understand quantum physics. This piece makes a strong case for flexibility over the traditional idea…
Reply To: Article: Accounting as a Tool for Legitimization of Nonprofit Organizations
Mark, thanks for sharing this. It is an interesting look at how accounting can influence an organisation’s reputation and perceived legitimacy. The section on the…
Reply To: Nonprofit Profit Reserves: The Real Deal – Reflection
It was a real trial by fire, was it not? Many organisations without reserves had to scramble for survival, often relying on bridge loans or…
Reply To: Webinar attendee Sue asked: If a grantor does not specify when multi-year …
It is a tricky situation, and the answer is probably a definite maybe. If the grantor is silent, you need a reasonable spending schedule that…
