Month: November 2024

These regulations, such as the IRS’s annual filing rules, can include reporting deadlines, levels of expenditure, and standardized documentation around grant revenue recognition. To grasp the concept of grant accounting, it’s helpful to start by defining what we mean by “grants” and how they function within a nonprofit context. Grant budgeting is the process of …

Grant Accounting: The 2025 Guide to Effective Financial TrackingRead More

By the way, I did our own accounts for many years because I lost confidence in accountants. I won’t bore you with the reasons but I have built up a successful solvent business which employees people and I make no apology for being unqualified. We have no debt whatsoever apart from the money we owe …

Guide to Grant Accounting for Nonprofit OrganizationsRead More