Closing the financial books for an organization requires accuracy, attention to detail, and a knowledge of some advanced accounting principals. For many nonprofit organizations, especially smaller ones operating on a shoe string budget, hiring a full-time accountant may be out of their reach.
To help these small nonprofits properly accomplish their year-end closes, Aplos Software, LLC, which makes online nonprofit accounting and reporting software, will host a series of free webinars for nonprofits about year-end accounting procedures and how to prepare for the new year. The one hour webinar will be held on December 19 at 10 a.m. PST, January 2 at 10 a.m. PST, and January 7 at 2 p.m. PST. Webinar registration is currently available through Aplos Software’s website.
The “Year-End Accounting Tips to Start Your New Year Right” webinars will instruct church and nonprofit bookkeepers about key year-end accounting issues such as:
- Year-end accounting procedures for accurate fund accounting
- Common tasks unique to churches and nonprofits
- Tips on how to start accounting for your new year
- Essentials for switching your accounting software at the start of a new year
Aplos will also share free resources for closing the fiscal year including its popular Year-End Checklist, as well as an article that explains more in-depth year-end accounting practices by Alex Acree, Aplos Software’s head of support. The Year-End Checklist is available here: http://www.aplossoftware.com/ebooks/YearEndAccountingChecklist/
“Closing out the year’s accounting can be simple, but it helps to have a plan and know the common pitfalls,” said Tim Goetz, co-founder of Aplos Software. “We want to help each organization to be prepared and smoothly transition to the new year, especially those that don’t have the benefit of a professional accountant on staff.”
Nonprofits should also seek the advice of a credentialed accountant or tax professional to help ensure the accuracy of their financials and ensure compliance with any reporting requirements.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Accounting, Cloud Technology, Nonprofit, Software
