Accounting & Compliance

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Double-Entry Bookkeeping

Double-entry bookkeeping ensures accurate financial management for nonprofits, supporting transparency, accountability, and compliance across complex, multi-donor operations in social innovation and international development.
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Finance & Audit Committee Roles

Finance and audit committees provide critical oversight of nonprofit financial management, ensuring accountability, compliance, and strong governance especially in complex, multi-donor international contexts.
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Generally Accepted Accounting Principles (GAAP)

GAAP provides a standardized framework ensuring consistent, transparent financial reporting for nonprofits, enhancing credibility, reducing risk, and supporting effective decision-making and fundraising.
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IFR4NPO (Emerging Nonprofit Standard)

IFR4NPO is a new global accounting standard designed specifically for nonprofits, offering consistent, transparent financial reporting that enhances credibility and aligns with donor expectations worldwide.
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Independent Audit

Independent audits provide objective financial assessments for nonprofits, ensuring accuracy, compliance, and accountability, which builds trust and supports funding in social innovation and international development.
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Internal Audit

Internal audits provide nonprofits with independent assessments to strengthen governance, detect risks early, and ensure accountability, especially in managing complex international grants and social innovation projects.
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Internal Controls (COSO Framework)

The COSO Framework helps nonprofits establish internal controls to safeguard assets, ensure accurate reporting, comply with regulations, and build trust with donors for effective governance and social innovation.
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International Financial Reporting Standards (IFRS)

International Financial Reporting Standards (IFRS) provide a global framework for nonprofits, enhancing transparency, cross-border accountability, and donor trust in social innovation and international development.
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IRS Form 990 (U.S.)

IRS Form 990 is the annual public disclosure document for U.S. nonprofits, providing transparency on finances, governance, and activities to promote accountability and trust.
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Journal Entries

Journal entries are essential financial records that ensure accuracy, transparency, and accountability for nonprofits, helping track funds and build donor confidence in social innovation and international development.
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