I was asked recently how to create an operations manual. The first thing you need to decide is what will be in it. Will it cover everything or will you have a separate personnel and financial policy / accounting manual? If you are doing an all-in-one you can always break it into pieces later, you [...]
Posts Tagged ‘Accountability’
More Questions
Here are some answers to question I received at a recent training. Many of the questions in this batch came from folks involved with religious organizations, synagogues and churches. Why are religious organization tax exempt? The best answer I have is the First Amendment of the Constitution of the United States which states, “Congress shall [...]
Why We Need an Income Statement and a Balance Sheet
Or alternatively, why we need a Statement of Activities and a Statement of Financial Position, to use nonprofit-financial speak. I was asked this question at a recent training, as I have been asked many times over the years. I have been asked why we can’t have just one statement to show everything, one statement to [...]
Workshop Resources
Thanks to all of you who attended the workshops. As promised I have put together all of the resources that were mentioned in the trainings in one area. These are listed elsewhere on the site but I thought it would be nice to organize them into one place. Scroll down the page for the list [...]
