Blog – Page 2 – Cook & Company Accountancy Corporation

03 Mar

7 steps to convert cash basis to accrual basis accounting

In Accounting, Audits, Financial Statements

As your organization grows, you may need to learn how to convert cash basis accounting to accrual basis accounting. Here are 7 steps you should follow…...

23 Jan

California Nonprofits – Best practices in executive compensation

In Accounting, Audits

Executive compensation is a hot topic in many sectors. It’s important for nonprofits to follow best practices to avoid undue scrutiny about what executives earn…...

24 Dec

How to read a nonprofit 990 and find the information you need

In Accounting, Audits, Financial Statements

A nonprofit 990 can run to 40 or 50 pages & may be complex. Here’s how to read a nonprofit 990 and make sense of it enough to find what you need…...

13 Dec

NFPs & fundraising professionals: The donor acknowledgement best practices you should be following

In Accounting, Audits, Financial Statements

Donor acknowledgement is not only important internally - it’s required by the IRC. As we approach a time of giving, are you following best practices for this?...

23 Oct

Nonprofit Travel and Expense Policy Best Practices

In Accounting, Audits, Financial Statements

What nonprofit travel and expense policy will work best for your organization? Follow these guidelines ...

26 Sep

New nonprofit liquidity disclosure requirements: Is your nonprofit ready?

In Accounting, Audits

Are you ready for the new nonprofit liquidity disclosure requirements? Your financial statements may be simpler to understand & interpret…find out how here....

27 Aug

Get greater value from your next audit with these 6 audit efficiency tips

In Accounting, Audits

Not received great value from audits in the past - or do they take too long? Start getting more out of future audits with these 6 audit efficiency tips…...

23 Jul

Cash vs. Accrual accounting – Which is best for your Nonprofit?

In Accounting, Audits, Financial Statements

Nonprofits generally use one of two accounting methods but which is best for you? Cash vs accrual accounting: compared side by side here for you to decide…...