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Cleaning Up the Skeletons in Your Financial Closet

Cleaning Up the Skeletons in Your Financial Closet

FromA Modern Nonprofit Podcast


Cleaning Up the Skeletons in Your Financial Closet

FromA Modern Nonprofit Podcast

ratings:
Length:
43 minutes
Released:
Mar 2, 2022
Format:
Podcast episode

Description

Is this you…
“I don’t know if my nonprofit’s accounting systems are bad… and I probably won’t know for sure until something bad happens.” 
99% of nonprofit founders we work with don’t have a background in finance. If you struggle with feeling confident that your books are in order… and don’t know how to tell if they’re in order or not, this is THE episode for you. 
This week on A Modern Nonprofit Podcast we discuss common red flags you can check today to verify your organization’s financial health. 
In this episode, Isabel Sippo joins me to talk about the most common reasons why your nonprofit’s finances might be a mess, and ways to clean them up. 
Isabel is the Onboarding Specialist at The Charity CFO. She focuses on helping new clients feel more confident about their financial records by re-engineering financial systems and minimizing opportunities for errors.   
In this episode, you’ll discover…

Key questions to ask if your books are out-of-date (5:50) 
3 common issues that lead to messy, inconsistent books (10:56) 
The Big Red Flag you need to check for and how to fix it (15:28) 
Tips for how to minimize opportunities for errors (31:29) 


Thanks for listening and be sure to subscribe for new episodes every week!  
For more nonprofit accounting resources check out www.thecharitycfo.com.
Released:
Mar 2, 2022
Format:
Podcast episode

Titles in the series (87)

A Modern Nonprofit Podcast, powered by The Charity CFO, explores the most important business and culture topics in the nonprofit sector. Hosted by Tosha Anderson, each episode will feature an informative, lighthearted and insightful discussion about what’s trending in today’s organizations. This podcast is designed for nonprofit leaders and listeners alike, and we thank you for making this podcast part of your day!