Accounting How To: How to Pass Accounting Class!

Nonprofits have several specialized bookkeeping concerns that are different from for-profit businesses. Some of these concerns include: Fund Accounting: Nonprofits have multiple funds, and each...

Volunteers are a valuable asset to any nonprofit organization. They help to extend the organization's reach and impact, while also saving on labor costs. However, accounting for and reporting on the...

donations can include goods, services, and time that are provided to the organization without a corresponding payment or receipt of cash. In-kind donations are a common way for individuals and...

IAS 20 (International Accounting Standard 20) is a financial reporting standard issued by the International Accounting Standards Board (IASB) that provides guidance on accounting for government...

Nonprofits are organizations that are established for a particular social, cultural, or environmental purpose, rather than to generate a profit for owners or shareholders. They are typically exempt...

Financial statement disclosures for nonprofits refer to the additional information that is included in the financial statements to provide more context and detail about the organization's financial...