Author Archives: nan

Understanding Financial Report Terminology

Small organizations may not have a staff member who has training in financial accounting. Whether you have a staff member/volunteer who is the bookkeeper and coordinates with an outside accountantfinance issue image for web for reporting or you use outside expertise for all bookkeeping and reporting functions, you may not be familiar with some of the language you see in financial reports or how they can be helpful in informing your planning.

Internal Financial Controls for Small Organizations

By Nan Jessup,  Financial controls are part of how organizations responsibly handle their money as resources move from the donors to supporting their work. The overall goal is to have different people handling different aspects of the flow of money so that there are checks and balances in place for both receiving income and dispersing […]