For nonprofit organizations, audits are an essential part of maintaining transparency, accountability, and public trust. However, the audit process can be daunting and time-consuming, often leaving nonprofit leaders feeling overwhelmed. To ensure a smooth and uneventful audit, it is crucial to implement effective preparation strategies that streamline the process and mitigate potential issues. Let’s explore…
Tag: Nonprofit Accounting
Mastering the Board-CEO Relationship: Keys to Nonprofit Success
Managing a board of directors can be the most difficult and time-consuming challenge for a nonprofit CEO. There are relationships to nurture, information to share, and politics to navigate. Coordinating the activities of a board with the operations of a nonprofit is like choreographing a complex dance routine. How can you make this challenge less…
Can ChatGPT Answer Your Nonprofit Accounting Questions?
In the world of nonprofit organizations, accounting plays a crucial role in ensuring transparency, accountability, and financial stability. However, navigating the complexities of nonprofit accounting can be a daunting task, especially for individuals who lack the proper experience or expertise. In recent years, advancements in artificial intelligence (AI) have given rise to powerful language models…
How Effective Cash Flow Management Boosts Your Nonprofit
Cash flow management in any organization is nothing more than the mix and timing of cash receipts and cash payments. In its most simplistic form, it is cash in and cash out and, ultimately, it is where budgets, projections and forecasts meet reality. It is critical to ensuring that funds are available to pay the…
Mastering Financial Transparency: How to Report Fundraising Expenses Correctly
Updated: March, 13, 2025 It goes without saying that, for many nonprofits, fundraising is a crucial element towards achieving its goals. Not only does fundraising generate revenue to support mission-critical programs, it can also provide a valuable opportunity to raise awareness for your cause. Guaranteeing your organization’s success beyond the next quarter requires careful planning…
3 Reasons to Consider Outsourced Accounting for Your Nonprofit
As the pace of change continues to accelerate, nonprofits are finding new and creative ways to keep up. Today’s leading nonprofits are perfecting the art of virtual fundraising and volunteering. They’re implementing fresh social media strategies. They’re creating innovative donor retention programs. And they’re driving their missions forward despite myriad ongoing global challenges. It’s a…
Chazin & Company Team Building Event 2023
https://www.youtube.com/watch?v=03AHGaw-fdE&t=7s As a fully remote company, our recent company retreat in Nashville, Tennessee, was a momentous occasion that brought us together in person for the first time. After countless virtual meetings on Teams and Zoom, it was refreshing to meet face-to-face and experience a different side of our team dynamics. Nashville, often considered a second…
Strategic Financial Governance and Cash Flow Management for Parishes
Don’t miss out on our upcoming webinar! How can you make your church finances easier to understand? In just a few days from now, you can get the answers you need for your parish during our webinar with EPN (Episcopal Parish Network) on April 19th, 2 – 3 pm CDT. Let’s take your accounting to…
Proud Moment for Chazin & Company: Wins Best of Accounting Awards for Service Excellence
Chazin & Company is pleased to announce that we have earned two awards from ClearlyRated: Best of Accounting Client Satisfaction 2023 and Best of Accounting Employee Satisfaction 2023. Rooted in satisfaction research for professional service firms, ClearlyRated utilizes a Net Promoter® Score survey program to help professional service firms measure their service experience, build online reputation, and…
Happy 2023
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