Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

From the Audit Guide Statement of Position (SOP): The Current Funds group has two basic subgroups—unrestricted and restricted ... available to meet the institution’s objectives. Separate accounting ...

Fund accounting groups financial data together ... GAAP is the abbreviation for Generally Accepted Accounting Principles. It's the brainchild of the Financial Accounting Standards Board (FASB ...

Nonprofits have specific fund-tracking needs that ensure they’re fulfilling their mission. With that in mind, some accounting software is better than others. For this list of the best accounting ...