For nonprofits just starting out or adding new employees, a thorough understanding of the fundamentals of nonprofit accounting is essential.

When managed properly, fund accounting can reveal areas of strength and weakness. Learn what sets nonprofits apart from for-profit accounting.

Nonprofit organizations are subject to unique accounting and reporting requirements in which expenses much be reported by functional areas.

All nonprofit organizations are required to file the IRS Form 990. Filing Form 990 ensures that charitable organizations are accountable to funding sources.

This guide will help you learn what a nonprofit independent audit is and step you through the process of preparing and understanding .

Areas of confusion involve whether nonprofits are required to pay payroll taxes and how to allocate payroll expenses.

Nonprofits face unique fiscal challenges. When it comes to tracking and reporting to funding sources, nonprofit accounting software helps with accountability, compliance and transparency.