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New Year's Resolutions For Nonprofits

1/4/2023

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Happy New Year!
Now is the time for the finance department of your nonprofit organization to set its goals for 2023.

6 Resolutions for Nonprofit Finance Departments

​​Resolved:
Distribute monthly financial statements by the 15th of the following month
Result: Proper procedures in place result in the distribution of timely and accurate financial statements.
 
Resolved:
Create or update your Accounting Policies and Procedures Manual
Result: Consistency in applying policies and procedures | Transparency in financial management | Proper safeguarding of financial resources | Compliance with regulatory and accounting requirements | Efficiency in training new employees.
 
Resolved:
Schedule an independent assessment of your finance department operations
Result:​ Your operating procedures will be evaluated. Inefficiencies in and lack of internal controls will be identified.
​

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Roberta Katz Consulting
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Copyright © 2021 Roberta Katz Consulting

Roberta Katz Consulting
61-43 186th Street, Suite 606
​ Fresh Meadows, NY 11365 
Phone: (917) 359-1158
Email: robertapkatz@gmail.com
​Website: www.rpkatzconsulting.com

  • Home
  • About
  • Webinars
  • Services
  • Articles
  • eBooks
  • Blog
  • COVID-19
    • Covid-19 & The Importance of Finance
    • Covid-19 & Fraud Risk Mitigation
    • Covid-19 & Financial Reporting
    • Covid-19 Technology & Working Remotely
  • Contact
  • Privacy Statement