Dallam-Hartley Counties Hospital District ’s Post

Fractional help is the most efficient and affordable way to get the professional support you need in your organization today, not years from now when your workload demands a full time executive. It’s not just more affordable because you’re paying for fewer hours. It’s more effective because you’re gaining highly experienced support for your organization. When you hire directly, your talent pool is limited by your budget.  Top talent on a nonprofit budget is achievable with a fractional model. Does your small business or nonprofit need expert financial guidance but lack the resources for a full-time CFO? The Consonance Group can help! We provide bookkeeping, HR, and financial management services to free you up to focus on your mission. If you think your organization could benefit from a fractional CFO, please reach out to Jonathan at jonathan@consonance.group. #fractionalCFO #budgeting #organizationalbudget #nonprofit #smallbusiness #nonprofitaccounting

Introducing Plus Accounting Services' CFO Outsource Service—a specialized solution tailored to elevate your organization's financial management. With our experienced team stepping into the CFO role, we manage all accounting functions, provide strategic financial leadership, and ensure compliance with industry standards. Empower your nonprofit to thrive and focus on its mission with confidence—reach out today to learn more about how our CFO Outsource service can support your financial goals! #CFOOutsource #FinancialLeadership #AccountingServices #NonprofitSupport #FinancialManagement #StrategicFinance #MissionDriven #FinancialEmpowerment #FinancialStrategy #NonprofitSuccess #FinancialExpertise #NonprofitLeadership #FinancialHealth #NonprofitSector #FinancialOptimization #AccountingSolutions #FiscalResponsibility #FinancialGrowth #FinancialConsulting #NonprofitImpact #FinancialStability #EmpoweringNonprofits #CFOservices #FinancialPerformance #BudgetManagement #TransparentAccounting #NonprofitCommunity #PlusAccountingServices

The Greatest Hits (CPA Journal style)! Travis Carey and Amy West, CPA, CGMA‘s insightful article, "Top Challenges Facing Not-For-Profit CFOs Today," was selected as a 2023 Greatest Hits Feature by The CPA Journal. 🏆 It was published in May 2023 and continues to provide valuable insights. Dive into it again or discover it for the first time through the link below. 📖 #cpa #finance #cfo #nonprofit https://lnkd.in/dgVWfPwn

Many first heard about Accruer in the last few months, but I originally built it all the way back in 2015! ⏳ A non-profit client needed to recognize grant income in the correct periods and doing it manually was out of the question for me. Early in my career I wrestled accrual spreadsheets, and I refused to do it that way for my firm's clients. This spawned Accruer 1.0. After eight years, hundreds of clients, and dozens of unique use cases, the current version of Accruer launched to the public in 2023. We are doubling our users each month while retaining 99% of users lifetime to date. 🤨 Why? Because we built every feature to solve problems we faced personally. We built Accruer because of our needs, not as a nice to have, and it shows when you use it. #Accounting #Bookkeeping #Accruals

In-house Accounting team not performing well? FIRST THINGS FIRST...ROLES My experience has been that small to mid-sized non-profit organizations typically have a team of about three to six people. This usually consists of your bookkeeper, staff accountants, senior accountant, and then the controller to whom everyone else reports. These roles make up the non-profit fiscal department. There is also the contracts and grants manager. This role is important because depending on the type of programming that you manage and what your funding sources are, you’re quite possibly going to have different contracts that have certain requirements; which require a dedicated person to manage. The cost to build your team can add up quickly, especially as you begin to add new team members. Throw in professional development training for your team to grow their skillset, and it can get expensive. The “growth period” in an organization, especially rapid growth, can be the “acid test”. Take it all in though! This is actually a great time to identify if you have established clear roles and responsibilities and if your processes and procedures are standardized. 

In-house Accounting team not performing well? FIRST THINGS FIRST...ROLES My experience has been that small to mid-sized non-profit organizations typically have a team of about three to six people. This usually consists of your bookkeeper, staff accountants, senior accountant, and then the controller to whom everyone else reports. These roles make up the non-profit fiscal department. There is also the contracts and grants manager. This role is important because depending on the type of programming that you manage and what your funding sources are, you’re quite possibly going to have different contracts that have certain requirements; which require a dedicated person to manage. The cost to build your team can add up quickly, especially as you begin to add new team members. Throw in professional development training for your team to grow their skillset, and it can get expensive. The “growth period” in an organization, especially rapid growth, can be the “acid test”. Take it all in though! This is actually a great time to identify if you have established clear roles and responsibilities and if your processes and procedures are standardized.

Nonprofit leaders, want to take your nonprofit to the next level 📈? I wrote this article to outline 4️⃣ keys 🔑 to consider related to your nonprofit's health. These keys 🔑 will help to enhance your nonprofit's financial operations and create long-term sustainability. Contact me for assistance with these issues, or for help enhancing your organization’s financial reporting or financial operations. I am an innovative CPA, and I empower business leaders to boost 🚀 their financial reporting and streamline their processes. #finance #business #nonprofit Array Accounting & Consulting, LLC

Thank you to Miami alum Paul Shade (‘03) for sharing insights on asset relifing in non-profit hospitals with the students! His talk shed light on the economic implications of financial accounting in the healthcare industry. Check out the blog article for key takeaways: https://lnkd.in/gegia2zM. #MyFSB #MiamiOH #BeyondReady #Accounting

"🔍 Seeking CPA Firm in Chicago! 📊 I'm in search of a reliable CPA Firm to conduct an audit for my non-profit client based in Chicago. If you're interested or know someone who might be a good fit, please feel free to inbox me for further details. Your expertise is greatly appreciated! 🌟 #CPA #Audit #Chicago"

As an accounting professional, you might think your skills are limited to crunching numbers and analyzing financial statements. But the truth is, your expertise can take you far beyond the traditional finance role. It's time to expand your horizons with non-profit board service. According to an article published in the Journal of Accountancy, serving on a non-profit board is a fantastic way to stretch your skillset and make a meaningful impact. It's not just about giving back (although that's pretty awesome too). Board service can help you develop leadership skills, strategic thinking, communication abilities, and the ability to tackle complex issues - all while supporting a cause you're passionate about. The benefits of board service go beyond personal growth. It can also open doors to new clients and collaborations. By expanding your network and showcasing your versatility, you'll prove that CPAs and accounting professionals are more than just number crunchers. So, are you ready to break free from the stereotypes and show the world what you're capable of? This is your chance to prove that your skills and expertise can make a difference in ways you never imagined. #NonprofitLeadership #AccountantsForChange #GivingBack