PABS
Effective management of district grants, global grants, disaster response grants, and others is paramount for the success of humanitarian projects, scholarships, support relief and recovery programs, and vocational training programs. To gain measurable outcomes for these programs, it’s imperative for you to maintain a standard set of accounts, including a complete record of all invoices, […]
You receive donations or grants designated for a specific purpose that you have to spend within a calendar year. For instance, if you receive a donation explicitly for cancer-suffering children, you can’t use that fund for HIV or any other life-threatening diseases. As you are not free to use funds however you please, it is […]
There are over 1.5 million nonprofit organizations operating in the USA – National Center for Charitable Statistics. In my accounting tenure, I’ve witnessed the struggles nonprofits face when financial hiccups disrupt their vital operations and programs. The misallocation, poor reporting, and mismanagement of funds deprive them of the resources they desperately need. The common ground […]
