eCommerce payment processing can be daunting, with complexities of payment reconciliation and ever-present fraud threats that consume time and resources. We help streamline and protect payment processing, offering solutions that overcome critical challenges and free up time to focus on business growth.
Contributions are critical to NPOs, and in-kind items like products and services are also valuable. However, recent concerns about the overstatement of their value have led to changes in accounting standards. The ASU 2020-07 provides more transparent and credible presentations and disclosures of nonfinancial asset contributions.
Discover cost management techniques for non-profits to balance mission impact with financial sustainability. Learn how to optimize resources and control expenses.
Unlike every other companies, SaaS in particular need to be specially aware of the new updates in revenue recognition due to their subscription-based income streams. It may not be obvious at first glance but the consequences of failing to do so can be steep. The things is, how do you know if you’re doing it right?
When searching for an accounting firm to outsource your nonprofit’s financial management, look for one with extensive experience in nonprofit accounting and tax compliance. The ideal candidate will have a deep understanding of the complexities of nonprofit accounting and be able to effectively communicate with you about your unique financial needs and goals. This will help ensure that your nonprofit remains in compliance with all tax laws and regulations.
Financial reporting is one of the most important ways a non-profit communicates with its donors and other stakeholders. Through financial reporting, the communities your nonprofit serves are assured of your regulatory compliance and that the funds you receive are directed toward your guiding mission.
