A Framework for Improving Your Organization’s Fund Accounting Practices

When you are starting a new accounting role at a nonprofit, there are new processes and systems to learn. Sometimes you get into a role, though, and realize that the old systems aren’t just different—they are incorrect.

Where do you start when you’ve inherited a less-than-optimal fund accounting system? The Nonprofit Accounting Triangle as outlined by Jim Bocian and Jamie Lundien from Cause and Solution in their white paper, What to Do When You’ve Inherited a Fund Accounting Mess, gives you the tools to evaluate and identify areas of improvement.

Check out this infographic to get a quick look at the Nonprofit Accounting Triangle and how you can use it to optimize your organization.