Article Advise

Monthly financial statements convey critical information to a nonprofit's management and board. Sometimes, though, these people are in such a hurry to get the results after month-end that accountants feel pressure to take short-cuts and eliminate procedures they believe are necessary to create complete and accurate reports. Following are some problems accountants commonly face, and some suggestions for increasing month-end efficiency without compromising or distorting the message in the numbers.

When you start a company you're not thinking about the skills and talents your employees will need years down the road. You're focused on survival, and that often means hiring just about anyone who will take the leap of faith with you at the pay you're able to offer.