JDMason recommends: Accounting lessons from the recession
Ret Boney | March, 2011
With unemployment at a two-year low and consumer spending the rise, it's possible the economy finally is looking up.And while the charitable sector's recovery typically lags that of the overall economy, there is evidence that funding cuts are slowing and nonprofit revenues are picking up, according to a new study from The Bridgespan Group.
But the pain is far from over, sector experts say, and it's time for nonprofits to heed the painful accounting advice dealt out by the recession if they are to rebuild strong and stable financial bases.
Find out how to rebuild! Go to the complete article at:http://www.philanthropyjournal.org/resources/special-reports/finance-accounting/accounting-lessons-recession
(Source: Philanthropy Journal)
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