Non-Profit Financial Accountability
Why Transparency Builds Donor and Board Confidence
The Importance of Financial Accountability in Achieving Your Mission
One of the most common roadblocks to achieving your nonprofit mission is a lack of financial accountability. Essential to successful nonprofit financial accountability is ensuring your board members are financially literate and have a sound understanding of financial practices and that your overall financial management system includes policies and procedures that support transparent reporting to your stakeholders.
Creating a Financial Control System
Ultimately, the goal of a financial management system is to implement sufficient financial policies that ensure financial reporting is accurate and reliable, and that the assets of the organization are safeguarded. By creating a strategic accounting system and implementing sufficient control policies, your organization will be on its way to achieving strong financial accountability.
Guiding You
Implementing a comprehensive financial accountability system requires thoughtful assessment, transparency and sound financial knowledge. Wegner CPAs is your partner to achieving financial accountability and can help in a variety of ways:
- Implementing a comprehensive system
- Identifying weaknesses in your existing system and creating solutions
- Working with your board to achieve financial literacy
- Guiding the creation of written accounting policies and procedures that summarize your control systems
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Going far beyond the standard accounting and tax services, our CPAs specialize in several industry areas and are in tune with the opportunities and challenges faced by each.
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