To determine the financial health of a nonprofit organization, you need to understand its financial statements. Some nonprofits are required to publish a Form 990, which is a public document. You can ...

BDO USA has released the third edition of its guide to nonprofit financial reporting, updated to include the recent changes by the Financial Accounting Standards Board. Processing Content The book, “ ...

Nonprofits keep their books using methods similar to for-profit organizations, making a few differentiations to help them more quickly prepare their taxes at the end of the year. Like other businesses ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

Terms like “deferred income” and “cash equivalents” are explained in plain English in Not-for-Profit Accounting Made Easy, written primarily for those who haven’t received professional training in ...

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...