Nonprofit Accounting Code
Prior to beginning work on this discussion forum, read the article Cracking the Nonprofit Accounting Code.
Based on the information presented in the article, discuss:
How and why does the accounting system used by governmental/nonprofit entities differ from the system used by for-profit entities?
How does the annual financial report of a governmental/nonprofit entity differ from the report of a for-profit entity?
The user of a for-profit financial report is usually interested in the bottom line, net income. What are some top interests of the user of the financial reports of a governmental/nonprofit entity?
PART 2
Market position and business level.
Begin by researching visions, mission and strategy formulation for nonprofit organizations to become familiar with unique differences in the nonprofit world.
Development plan.
Use APA template. Maximum APA paper length should not exceed 15 pages. Length includes your cover page, abstract and reference page. Submit your paper using the assignment link.
Leadership and Management,
a description of one strategic planning challenge that you have experienced or anticipate experiencing in forming an NPO/NGO.
funding opportunitie
The most successful fundraisers are good prospect researchers. This means they use existing online and print resources to identify which funding sources (specific individuals,
Fundraising, Foundations, and Grants
While many corporations fund nonprofit organizations through corporate foundations, many do not have a separate foundation. Understanding how to cultivate, educate, and solicit leadership from these corporations is very important and a bit different from obtaining funding from a corporate foundation.