Author Archives: admin

Helpful Suggestions to Correct Common Errors in Form 990 Functional Expense Reporting

Why is functional expense reporting so important for nonprofit organizations? One good reason is that the IRS is looking at it as a part of their review of your organization’s Form 990. Some of things they may be more specifically … read more >

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Capitalizing Website Development Costs

A website provides exposure for your organization’s cause, imparts a sense of legitimacy and transparency, serves as a central location to describe your programs, and explains the ways contributors can get involved. As a result, more and more organizations are … read more >

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The Often-Forgotten Phase of Procurement: Contract Management

This article originally appeared in the May 2016 School Business Affairs magazine and is reprinted with permission of the Association of School Business Officials International (ASBO). The text herein does not necessarily represent the views or policies of ASBO International, … read more >

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Evaluating Outside Consultants and Contractors

Who are the District’s outside consultants and contractors? Financial advisers, attorneys, auditors, information technology, construction, special education, transportation, food service, and other endless possibilities. In an increasing world of specialization it seems the usage and demand for consultants and contractors … read more >

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Conflicts of Interest – It’s not Just About the Governing Board

You show up for work your first day at the district. Perhaps you are a teacher, or a records clerk, maybe a custodian or grounds crew member. You might even be the superintendent. Regardless of your position, as a government … read more >

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Revenue or Reimbursement – Determining the Proper Accounting Treatment

Most often, transactions that increase the financial resources of an organization are relatively easy to record and determine the proper accounting treatment. That being said, there are certain other transactions that may appear to increase the financial resources of an … read more >

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Quick Tips for Spotting Billing Schemes

Just because you have an invoice to match every expense, it does not mean your employees are not stealing money. In fact, the global study on fraud published by the Association of Certified Fraud Examiners has identified billing schemes, year … read more >

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