Hire An Accountant or Bookkeeper?
Staffing the accounting department of a small nonprofit organization can be confusing. Should you hire an accountant or a bookkeeper and what is the difference? Accountants cost more. Will hiring…
Staffing the accounting department of a small nonprofit organization can be confusing. Should you hire an accountant or a bookkeeper and what is the difference? Accountants cost more. Will hiring…
Staffing the accounting department of a small nonprofit organization can be confusing. Should you hire an accountant or a bookkeeper and what is the difference? Accountants cost more. Will hiring…
Financial management has always been crucial to successful nonprofits. But these days, it’s become a new litmus test for the viability of a nonprofit’s mission.
If a nonprofit is going to thrive in today’s environment of increased financial scrutiny, it must have the right capabilities under its roof. This means a Chief Financial Officer or Director of Finance, an Accountant and a Bookkeeper.
The budget is a basic building block in a strong financial foundation nonprofit organizations need to realize their vision. This is truer than ever before because increased scrutiny from the public and donors and increased competition for revenue has increased the need for accurate budgets that tie the organization’s goals and strategies to its finances.
More than ever, nonprofit organizations need a solid financial management foundation and professional financial leadership. Having your Board and senior staff understand your organization’s finances is fundamental to their fiduciary responsibilities and is crucial to meeting the demands of donors and the public.