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Nonprofit accounting tips & guidance from NPO Accountants — expert insights to strengthen financial management, compliance, and mission impact

Here are 12 financial best practices for nonprofit leaders

When nonprofit leaders call or are referred to me, the first question I often hear is: “What are the best financial/accounting practices for nonprofits?” My usual reply is honest and direct: “Where should I begin and how much time do you have?” A complete answer can take hours, but there are high-impact practices that every nonprofit leader should adopt right away. Below I lay out the top, practical steps I advise executive leaders to prioritize. These are written for busy executives who need clarity, not theory.

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