01 2023
Helen Weeber CPA
Are Your Nonprofit’s Interim and Year-End Financial Statements at Odds?
Using the cash basis of accounting may make sense for your not-for-profit organization — at least at this stage. Many smaller nonprofits use the cash basis to prepare their financial statements because it’s generally quick, easy and intuitive and can alert them to current cash flow challenges. However, there’s a potential problem with cash basis […]
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