About Sara Keith

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So far Sara Keith has created 16 blog entries.

What’s Happening at this Year’s AICPA Not-For-Profit Conference


If you’re still on the fence about whether or not to attend this year’s AICPA NFP Conference, June 18-20 in the Washington, D.C. area, we have the latest scoop on what you can expect – and it just may be the convincing you need!

This year’s conference is offering numerous programs and sessions built for all …

Aligning Your Development and Financial Teams Maximizes Donor Contributions


Accounting and donor management may seem on different ends of the spectrum, but when fundraising dollars start to come in, both teams need to work together to ensure those contributions are accurately accounted for and effectively managed.

Without a consistent data structure and a smooth hand-off between your teams, accounting can spend hours doing duplicate data …

Successfully Prepare for Your Nonprofit’s Next Audit


Do you know what you need to do to prepare for your nonprofit’s next audit? Preparation can be a daunting task, whether you’ve never been through an audit or been part of a hundred. There are several steps you should follow, including selecting the right auditor, gathering the items you’ll need (like bank account reconciliations …

More Funding, More Problems?


Has your nonprofit been experiencing a lot of growth or have you started adding funding through new grants? It’s great, right? You’re able to better support your community and have more resources to help fulfill your mission. But, with more funding, comes a few more problems. A lot of smaller nonprofits go for the fast …

Have an Audit Coming Up? Refresh With Audit Basics


Audits can be scary – and you and your team may dread them – but preparation can go a long way to a successful audit. So, where do you start? Whether you’re new to audits or perform two a year, it’s always a good idea to brush up on audit basics to begin preparations. This …

Best Practices for Your Nonprofit Audit


Are you stressed because you have an audit coming up? Don’t be! Audits need not be painful, IF you prepare for them. To help, here’s some of our best advice for making your next audit painless and using it to align your nonprofit’s financial practices with your mission.

Selecting the Right Auditor

Work with your board, especially …

Effectively Manage Your Nonprofit’s Grants


Grants are essential sources of revenue for most nonprofits. They’re critical for your mission, but carry with them a high burden of monitoring and accountability. Proper allocation, tracking, and reporting are essential to ensure your organization receives ongoing funding.

A lot of you out there are probably trying to manage this via spreadsheets, and maybe you’re able …

Keep Up With Your Nonprofit Programs and Services


I know a lot of you out there run programs and services as a means of fulfilling your mission and generating revenue. Providing these services is your core, right? But, managing billing and collections can get complicated quickly and can impact your organization financially – not to mention, programs and services may be covered by …

Following Clues: Detecting, Preparing, and Protecting Your Nonprofit From Fraud


Do you know how to spot fraud before it occurs? Most nonprofit professionals think it can’t happen at their organization. So, unfortunately, when it does occur, they aren’t prepared and don’t know what to do in the aftermath.

It happens time and time again – from both internal or external sources. Someone notices a misappropriation of …

Drowning in Year-End To-Dos?


I know there’s a lot you need to do at year end, closing the books, planning for next year – not to mention reviewing budgets, preparing for your audit, pulling together your annual report, and that’s just getting started! On top of it all, the holidays mean you have to contend with vacation and holiday …