Running a nonprofit organization requires
different accounting responsibilities than those
of for-profit businesses. Nonprofit organizations
handle tax payments, financial statements, and
record keeping differently then other businesses.

Principles for Business Growth. Understanding the ins and outs of accounting: financial planning, cashflow statements, profit margins, budgets, and so much more, can leave CEOs feeling like they are stumbling around half blind.
NOW CFO has seen the struggles entrepreneurs and CEOs face every day. We have learned ways to create a company’s financial visibility and set them on a path towards better growth.

Whether you’re experiencing problems hiring a full-time individual or you can’t really afford it, outsourcing a Staff Accountant has many more benefits.

5 Reasons Why You Should Not Hire Another full-time Staff Accountant

Nonprofit
Accounting System
Considerations
Running a nonprofit organization requires different accounting responsibilities than those of
for-profit businesses. Nonprofit organizations handle tax payments, financial statements, and
recordkeeping differently than other businesses. An important consideration in building the
finance and accounting system/department of a nonprofit is its ability to track and manage
the financial impacts of decision making through the results of outcome metrics.