Finance committee

Presenting financials

Presenting financials

After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....

Tracking for grants

Tracking for grants

Grants need to be accounted for at all times and many organizations do not realize that it is necessary to establish proper and transparent accounting practices in order to manage grants and continue to receive them. All income and expenditures from the grant need to...

Bookkeeping

Bookkeeping

Bookkeeping is keeping an accurate recording of a company's financial transactions. And although technology and accounting software has greatly eased the process, having a reliable and experienced bookkeeper is the first step in financial management. Financial...

The Purpose of Financial Statements

The Purpose of Financial Statements

Financial statements are the way that you can track the performance and changes of your company or organization. Regardless of the type of business or nonprofit you are running, there are many different people that would be interested in the financial statements...