As the bridge between a nonprofit‘s operations and its stakeholders, financial statements can be a powerful storytelling tool. Traditionally, financial statements provide transparency, demonstrate ...

In professor Jessica Berrett’s Nonprofit Financial Management class at the University of Colorado Colorado Springs, graduate students from the College of Public Service compiled a list of best ...

Discover how tax liabilities are reflected in balance sheets, income, and cash flow statements. Learn about deferred tax ...

What Else Do Financial Records Include? Other than the most common line items found in financial statements, investors can also read the lesser known items, such as the footnotes, which often contain ...

Terms like “deferred income” and “cash equivalents” are explained in plain English in Not-for-Profit Accounting Made Easy, written primarily for those who haven’t received professional training in ...

Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...