As the bridge between a nonprofit‘s operations and its stakeholders, financial statements can be a powerful storytelling tool. Traditionally, financial statements provide transparency, demonstrate ...

Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.

In a January 2017 NYN Media article, my colleague Sibi Thomas provided a great overview of the new liquidity disclosure requirements that are part of a significant amendment to the nonprofit ...

In professor Jessica Berrett’s Nonprofit Financial Management class at the University of Colorado Colorado Springs, graduate students from the College of Public Service compiled a list of best ...

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 ...

As recent events have made abundantly clear, a nonprofit organization can live or die based on how seriously it takes fiscal responsibility. Given the highly publicized risks of failure in this arena, ...

Discover how to calculate and understand key income statement ratios to evaluate company performance, including gross margin, ...

Editor’s Note: This post is focused on helping you understand profit and loss statements. This financial statement is used by most small business owners to help assess business profits and losses ...