Does an NPO really need a treasurer?
In a volunteer-based organization, the treasurer may actually keep
the books. In larger organizations, the role changes and the office
may become less necessary. [link]
What is the role of a NPO treasurer?
The following description was adapted from materials from the National
Center for Nonprofit Boards. [link]
How can we find a volunteer accountant?
There are some organizations that offer help in making connections.
What do we need to know about Basic Accounting Principles?
To matter your finances as effectively as possible, you should at
least have an understand the basic accounting process. To get an
overall sense for the recurring financial activities in the typical
nonprofit, read the following article. [link]
How do we prepare a budget?
The first step in the budget process is a review of program and
management achievements and fiscal performance over the year just
What are the differences between nonprofit and for-profit accounting?
Anyone familiar with generally accepted accounting principles and
practices will find most accounting for nonprofit activity to be
very familiar. There are, however, some significant differences.
What financial statements are nonprofits required to issue?
The Financial Accounting Standards Board issued Statement of Account
Standards No.117, Financial Statements for Not-for-profit Organizations
requiring nonprofits to prepare three primary financial statements.
How can we allocate indirect costs to programs?
In a multi-program organization, all costs can be divided into two
different types: direct and indirect. Indirect costs are those which
are not easily identifiable with a specific program, but which are,
nonetheless, necessary to the operation of the program. [link]
What accounting software package should we buy?
Even prior to asking this question, it is important to ask whether
you should computerize your organization's accounting function at
How much cash should we keep in reserve?
For the sake of long-term organizational and operating stability
it is often desirable to build a reserve of cash. [link]
How do we place a value on donated goods?
A gift acknowledgement, or receipt, must accurately describe the
gift in kind but no monetary amount should be mentioned. [link]