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Posts Tagged ‘FASB 117’

More Questions and Answers

Here are some more nonprofit accounting and financial questions that have come to from and from my workshops and my answers.
Question – Should the donor know?
I am curious to know if FASB 116 or FASB 117 prohibit the use of endowment as collateral against a line of credit without donor’s acknowledgment or knowledge of [...]

Functional Accounting

A few years back I co-wrote an article about getting accurate numbers from your financial system for the California Association of Nonprofits that was based on a workshop I developed. This blog post and the last post excerpt some of the material from that piece. For folks who would like the whole article you can [...]

Financial Management

I have written before about for your nonprofit. Now nonprofits have a new tool they can easily use to create their own financial management policies and plans. The Nonprofit Risk Management Center has a new tool called My Financial Management Plan where users can go through up to 21 different modules on nonprofit financial [...]

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