Hindsight is 20/20: Observations into the Best and Worst Practices in Nonprofit Finance
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In 2023, AAFCPAs celebrates 50 Years of Impact! Time and deep nonprofit experience have been wonderful teachers for us. With new clients, AAFCPAs’ Managed Accounting & Advisory Solutions practice is brought in to leverage this experience. We often start engagements by cleaning up books and modernizing processes and technologies. Some of our observations into the best and worst practices in nonprofit finance may seem obvious and basic. But they are worth sharing, so others may avoid the same mistakes.
In this fast-paced session, recorded April 2023 at AAFCPAs’ Nonprofit Educational Seminar, our Consulting CFOs provide real world examples of lessons learned while objectively digging into client operations.
Joyce is a Partner in the Consulting Division of AAFCPAs and a leader of the firm’s growing Outsourced Accounting & Fractional CFO (OAFC) practice with a focus on nonprofit organizations. She provides “right-size” outsourced accounting solutions, from cloud-based bookkeeping to CFO deliverables, designed to optimize the effectiveness of the modern finance function. Joyce has 35 years of diverse experience in public accounting at national and regional CPA and consulting firms. She is also a former …
Amy is a senior member of AAFCPAs’ Outsourced Accounting & Fractional CFO practice, providing high-level, outsourced CFO services for nonprofits, foundations, and grant-making organizations. She serves as an active partner to the CEOs of AAFCPAs’ nonprofit Outsourced Accounting & Fractional CFO clients, bringing a forward-looking and proactive stance to managing the agency’s finances.
Amy understands the nuances inherent in the sometimes-exasperating world of nonprofit finance, including innumerable compliance requirements, resource constraints, and nonprofit culture challenges. She …
Lauren is a leader in AAFCPAs’ Outsourced Accounting & Fractional CFO practice, where she provides high-level Fractional CFO services and advisory support to nonprofits, foundations, and grant-making organizations. She brings specialized expertise in the education, community and economic development, and human and social services sectors. Lauren serves as an active partner to CEOs of AAFCPAs’ nonprofit clients, recognized for her forward-looking and proactive approach to financial management.
Prior to joining AAFCPAs’ Fractional CFO & Outsourced Accounting …
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