Bookkeeping for nonprofit organizations involves the customary accounting tasks and principles that all businesses employ to record, track and analyze financial transactions, though some aspects of ...

Understanding the unique accounting principles and requirements that apply to nonprofits is critical for your mission to succeed. This four module seminar series will introduce students to the basic ...

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 ...

The Internal Revenue Service classification for charitable organizations is 501(c)(3), meaning they are tax exempt. Their earnings may not benefit any private shareholder or individual. For these ...

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording requirements that accompany these changes.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...