Donors, grantors, boards of directors, and regulators all expect a full accounting of how your organization uses money. Fund accounting is an accounting method that groups assets and liabilities according to the functional purpose for which they are to be used. It keeps restricted and unrestricted funds separate for nonprofit accountability and management. You will be able to manage, prepare and maintain fund balance reports manually or with a computerized accounting system. Prepare for A-133 audit requirements of some non-profit organizations depending on size of federal funding, and prepare...
Donors, grantors, boards of directors, and regulators all expect a full accounting of how your organization uses money. Fund accounting is an accounti...