Blog
Fund Accounting
Restricted funds, net assets, and the mechanics of a nonprofit ledger.
GASB 96 Explained: How Local Governments Should Account for Subscription-Based IT
GASB 96 establishes accounting requirements for subscription-based IT arrangements. Here's what local government finance officers need to know to comply.
July 23, 2026 · 8 min read
GASB 54 Fund Balance Classifications: What Every Local Government Finance Officer Needs to Know
For local government finance officers, few areas of the financial statements carry more weight — or more audit risk — than fund balance classifications under GASB 54. This guide covers all five tiers, the distinctions that trip up most governments, and how software can make getting it right effortless.
July 16, 2026 · 10 min read
How Local Governments Are Getting Buried in GASB 87 and What to Do Before Your Next Audit
GASB Statement No. 87 fundamentally changed how local governments account for leases — requiring right-of-use assets and lease liabilities that were previously off-balance-sheet. Many small and mid-size municipalities are still struggling with implementation years after the effective date. Here's how to build a compliant, audit-ready process.
July 5, 2026 · 8 min read
GASB Compliance Doesn't Have to Be This Hard: A Guide for Government Finance Officers
Managing fund restrictions, tracking GASB standards, and producing audit-ready reports is hard enough without fighting your accounting software. Here's how to make compliance feel manageable again.
June 28, 2026 · 5 min read
Restricted vs. Unrestricted Funds: What Every Nonprofit Board Member Should Know
Not every dollar in your nonprofit's bank account is available to spend the same way. Here's the difference between restricted and unrestricted funds — and why your board needs to know it.
June 10, 2026 · 4 min read
Nonprofit Cloud Accounting: What It Is, Why It Matters, and How to Choose Right
Cloud accounting is the infrastructure your nonprofit's financial operation sits on. Here's what it is, why it matters, and what to look for when choosing a platform.
June 2, 2026 · 5 min read
Government Accounting vs. GAAP: What Local Finance Officials Need to Know
Local governments operate under GASB standards, not GAAP — and the distinction matters more than most people realize.
May 24, 2026 · 6 min read
What Is a Statement of Functional Expenses — and Why Does Your Nonprofit Need One?
What is a Statement of Functional Expenses? Learn what it is, who requires it, and how nonprofits use it for audits, grant reporting, and board oversight.
April 10, 2026 · 2 min read
What Is Fund Accounting — and Why Does Your Nonprofit Need It?
Learn what fund accounting is, why nonprofits need it, and how it differs from standard bookkeeping. Clear, practical explanation for EDs and finance managers.
April 10, 2026 · 4 min read