Executive Service Corps’ Library of Training, Tools, & Resources for Nonprofit Stakeholders: The Accounting & Finance Collection

She loves fashion— from sunglasses to accessories and sneakers. Patricia’s specializations include membership strategy, database management, and fundraising. She honed these skills over the last decade at museums including the Museum of Contemporary Art Chicago, Chicago Architecture Center, and Nelson-Atkins Museum of Art. Patricia has taken work and study residencies in Poland, China and Spain.

In her free time, she likes to make ceramics, bike, and visit museums. We’ll get you the reports you need on time, every single month. And we’ll even help you understand the story behind the numbers, so you’re never left speechless in front of your finance committee.

Program Content

Established in 2001, the Institute collaborates with BDO offices around the country and the BDO International network to help develop innovative accounting and operational strategies for nonprofit clients. The Institute offers practical, transformative thought leadership and educational resources to assist nonprofit leaders as they navigate an evolving landscape — from changing regulations to economic uncertainty. Through BDO insights, tools, webinars and newsletters, the Institute provides actionable information organizations can leverage to chart the path forward. The ACT Group provides accurate information and sound guidance on the best ways to structure your organization while keeping aligned with your mission. Robin is a certified bookkeeper and accounting professional with nearly two decades of operational and accounting experience. That experience was developed in small and mid-sized organizations in industries such as banking, finance, photography/videography, coaching/consulting, real-estate, and law.

You’ll have to file certain tax documents on an annual basis, or you can let our professionals handle this for you.

Why Choose Our bookkeeping and audit services for nonprofits in Chicago?

Her Bachelor’s degree is in Supply Chain and Operations Management and she is working on her Master’s Degree in Business. Megan specializes in data management, Excel wizardry, and report creation. She enjoys reading non-fiction, https://www.bookstime.com/ traveling with her family, board games, and cross-stitch. Learn to analyze financial statements and the accounting principles used to prepare them, as well as to understand external financial reporting requirements.

• Before joining Nonprofit Bookkeeping, she was a supply chain analyst with the world’s largest flexible packaging manufacturer.
• Demands for new membership models, in addition to demands for boosting membership, are just some of the current challenges facing the administration and boards of trade associations.
• Effective cost allocation strategies are essential to organizations’ understanding of how their resources are deployed.
• BDO’s Nonprofit Standard blog provides the nonprofit community with up-to-date information and forward-looking thought leadership on the industry’s critical issues.
• In her free time, Erin enjoys traveling, hiking, crafting, and spending time outdoors.

Grantmaker funding helps spearhead lifesaving research, champion the underserved and build resilient communities. We help grantmakers adapt to evolving grantee needs and overcome emergent challenges so they can expand their impact. In December 2013, the Office of Management and Budget issued the “Uniform bookkeeping chicago Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,” also referred to as the Uniform Guidance. The guidance went into effect in December 2014 and BDO has compiled resources to assist nonprofits in better understanding and complying with the Uniform Guidance.

The Best Small Business Accountants in Lakeview

Today, our nonprofit work comprises more than 25% of our business, with trade associations making up a significant portion. As a result, we appreciate that you are facing these challenges, and we have a keen understanding of your typical structure as a trade association, given our extensive work with similar entities. As your audit, tax and / or accounting specialist, we provide a streamlined and economical approach to fulfill your unique needs, so you can keep your attention on the priorities of your association.

While this is consistently one of the ultimate goals for businesses, this process can easily go south if not planned and executed properly. Our accountants in Lakeview will provide the resources you need to succeed. Our team at the A.C.T. Group, L.L.C., aims to provide local businesses with immediate assistance, so they receive the best technical expertise needed to navigate the modern business climate.

Let us worry about your books.So you can focus on your mission.

She is flexible and has the ability to adapt to new career environments quickly! Due to her well experienced background in accounting, she can devise solutions to any challenge. She wants to not only grow on her current skill sets but to grow in new skillsets.Renee’ is a mother of one daughter. She enjoys supporting her daughter from the sidelines of her sports, basketball and track. Renee has a love for not only her daughter but numbers, she looks at life as a number game.

• An expert on our team, like a Chicago tax consultant, for example, will handle filing the proper documents to state and federal outlets for you so your organization can breathe easy.
• When canceling a program registration, participants may choose to rollover their payment to a future program or receive a refund.
• For the past two years, we have been closely monitoring updates from the Financial Accounting Standards Board (FASB) regarding the organization’s Not-for-Profit Financial Statement Reporting Project.
• No longer are we bound by location, and with remote services, you can be more efficient and work from anywhere.
• However, the quiz cannot test a person’s ability to apply such knowledge in a work setting.