The Financial Accounting Standards Board (“FASB”) recently clarified requirements for management to determine if its company expects to remain in business.
Negative publicity can have a chilling effect on donations to a nonprofit. To keep your donations flowing, here are seven nonprofit finance tips to help Board members avoid trouble and bad publicity for their organization.
Planning isn’t easy, but a well-constructed plan is an important part of running your organization. Businessman William Feather was quoted as saying that, “A budget tells us what we can’t afford, but it doesn’t keep us from buying it.”