filed in Not-For-Profit (non-profit) Accounting on Dec.02, 2008
These are some fast facts from Mrunalini that you may find interesting. I especially like the last one. My feeling is that there should be a positive spin on everything, including a title or a name.
I like “exempt” organizations over not-for-profit. Maybe we will change our name!
If I had to use an example, I would [...]
filed in Money on Nov.04, 2008
Cash and banking are currently hot topics that we previously did not worry about too much. Brett’s article is a good overview on the topic. Please contact your banking representative or our office to learn about current issues and safeguards you can implement to protect your cash.
Kathy Hostetler, CPA
As a non-profit organization, you should have [...]
filed in Not-for-Profit Board on Oct.28, 2008
Being a non-profit board member is one of the greatest experiences you can have. Not only personally for the contacts you make, but professionally, to enrich your management and presentation skills.
A board that operates effectively, with members that actively participate, is your best navigation system.
Kathy Hostetler, CPA
Do you have extra time to spare? Are [...]
filed in Fraud, Not-For-Profit (non-profit) Accounting on Oct.07, 2008
The word abuse is never used in a positive connotation. When it is associated with the not-for-profit community, it is particularly disturbing. Abuse is distinct from illegal acts or fraud. It is defined as “conduct that falls far short of societal expectations for prudent behavior”.
Paragraph 4.12 of the 2007 Yellow Book notes that abuse involves [...]
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