Maire Loughran

This reference guide features content from existing For Dummies books, including books authored by Dr. Beverly A. Browning, MPA, DBA (Nonprofit Kit For Dummies, Fundraising For Dummies, and Grant Writing For Dummies), Sharon Farris with updates by Maire Loughran (Nonprofit Bookkeeping & Accounting For Dummies), Alyson Connolly (Public Speaking Skills For Dummies), and Shiv Singh and Stephanie Diamond (Social Media Marketing For Dummies).

Articles From Maire Loughran

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Nonprofit Bookkeeping & Accounting For Dummies Cheat Sheet

Cheat Sheet / Updated 09-05-2023

To stay organized and on top of your nonprofit’s bookkeeping and accounting responsibilities, timely complete accounting tasks need to be done daily, weekly, quarterly, and yearly. Keep necessary financial information up to date so you’re prepared to submit paperwork to your independent certified public accountant (CPA), the government, and all stakeholders, both within and outside your nonprofit organization. To ensure your nonprofit’s activities are completed, organize a to-do list, prioritizing the tasks so the important ones are done first, and other jobs are scheduled around them. Managing your nonprofit means sticking to your plan to stay organized and run efficiently. Apply these guidelines to your nonprofit’s weekly plan: Set up daily priorities. Knowing what you need to accomplish each day allows you to take care of the most pressing matters. Surround yourself with professional staff. Surrounding yourself with professionals eliminates the pettiness of daily office drama! Professionals are self-motivated and focused on doing their jobs, and they require minimum supervision. Keep your goals before you. To maintain a clear vision, keep your eyes on the prize. Post your vision or your goals in a place where they’re visible to you every day. Manage your time by planning and scheduling your daily activities. Be mindful of distractions that pull you away from completing your tasks. Stay out of politics. Avoiding politics at work protects your nonprofit’s status.

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