Understanding the unique accounting principles and requirements that apply to nonprofits is critical for your mission to succeed. This four module seminar series will introduce students to the basic ...

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 ...

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...

Discover how the Accounting Principles Board (APB) set foundational accounting standards and influenced today's GAAP under the FASB in the financial reporting world.

The Internal Revenue Service classification for charitable organizations is 501(c)(3), meaning they are tax exempt. Their earnings may not benefit any private shareholder or individual. For these ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

Using standard accounting methods benefits any small business. For those looking to level up their financial reporting, adopting generally accepted accounting principles (GAAP) can unlock new ...

Knowing GAAP accounting principles will help you understand why your accountant does the things they do. Many, or all, of the products featured on this page are from our advertising partners who ...