New rules for nonprofit financial statements

Posted Leave a commentPosted in Accounting, News and Politics, Non-profit

On Thursday August 18, 2016 the Financial Accounting Standards Board (FASB) issued new guidance on financial reporting for nonprofit organizations. The FASB is the governing body responsible for developing the financial statement standards used by the accounting profession. The new rules  affect charities, foundations, colleges and universities, health care providers, religious organizations, trade associations, and cultural […]

Pricing of nonprofit accounting service worksheet

Posted Leave a commentPosted in Accounting, Non-profit

I created a new worksheet for calculating accounting service costs for small nonprofit organizations at http://www.wealthmanagement.us.com/pricing/ The intent is to show that the package of services can be provided at a lower price than the som of its individual parts. For more information on improving performance of nonprofit organizations, request a copy of my booklet “What […]