One of the basic accounting differences between a for-profit company and a nonprofit corporation derives from ownership. Individuals and entities can own percentages or shares of a for-profit ...

AccountingCoach: Nonprofit (Not-for-Profit) Accounting -- Financial Statements Blue Avocado: Nonprofit Bookkeeping Test American Institute of CPAs: Not-for-Profit Resource Center ...

The Financial Accounting Standards Board released its long-awaited accounting standards update for not-for-profit financial reporting, albeit with scaled back ambitions to keep the standards for ...

Sometimes it’s difficult for not-for-profits to tell the difference between unconditional promises and intentions. As an example, Zygmunt cited a donor who said a not-for-profit would receive a ...

What are the key differences between running a for-profit and a non-profit, in terms of style, enjoyment, and execution? I caught up with my friend Aaron Hurst who founded the non-profit Taproot ...

When accounting for Paycheck Protection Program (PPP) loans, for-profit entities may wish to apply the conditional contribution method that has been more commonly associated with not-for-profits’ PPP ...

The best accounting software for charities and non-profit or not-for-profit organisations (referred to in this article as non-profits) should include all the core accounting features and ...