5 Best Practices for Building a Nonprofit Annual Operating Budget

For example, if donations are lower than expected, you might reduce discretionary spending or launch a targeted fundraising campaign. In the world of non-profit organizations, having a well-structured operating budget is crucial for ensuring financial stability and success. A non-profit operating budget can serve as a valuable tool for planning and managing the organization’s finances … Read more

Return on Equity ROE Formula, Examples and Guide to ROE

In our modeling exercise, we’ll forecast the shareholders’ equity balance of a hypothetical company for fiscal years 2021 and 2022. If shareholders’ equity is positive, that indicates the company has enough assets to cover its liabilities. But if it’s negative, that means its debt and debt-like obligations outnumber its assets. Shareholders Equity is the difference … Read more

Best Bookkeeping for CPA: Top Services to Boost Efficiency

For insights on integrating bookkeeping services, read our article on Outsourcing Bookkeeping. TeamUp connects CPA firms with skilled accountants from the Philippines, maintaining control over hiring and team dynamics. This option ledger account eliminates ongoing BPO fees and provides a platform for seamless team integration. Do you find yourself struggling with handling rising bookkeeping demands … Read more