septiembre 2020

This article explains the specifics of conducting an independent audit for your non-profit organisation. Understanding the audit process will help ensure that your charity operates in a transparent and ethical manner, which in turn boosts donor confidence. Nonprofit auditing differs significantly from its for-profit counterpart due to the unique objectives and operational frameworks of these …

The Beginners Guide to Nonprofit Auditing Free Checklist + FAQs Leer más »

Following these principles and practices, financial statements must be generated with specific line items that create transparency for interested parties. One of these statements is the balance sheet, which lists a company’s assets, liabilities, and shareholders’ equity. Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets. …

What are notes receivables? Its examples with journal entry Leer más »