Achieving Workplace Success
Nonprofit leaders often say the same thing: more money, more grants, more funding. The reasoning follows quickly. Revenue is needed to serve. The economy is uncertain. Costs are rising. COVID …
Operating Without Margin Read MoreMany organizations believe that better financial reporting leads to better decisions. The assumption is simple: if the numbers are right, leadership will act appropriately. In practice, this rarely happens. Financial …
Why Good Financial Data Doesn’t Lead to Good Decisions Read MoreWhen reimbursements take 60, 90, or even 120 days, the default explanation is usually financial. Something must be wrong with the accounting system, the documentation, or staff capacity. But that …
𝗪𝗵𝘆 𝗥𝗲𝗶𝗺𝗯𝘂𝗿𝘀𝗲𝗺𝗲𝗻𝘁 𝗗𝗲𝗹𝗮𝘆𝘀 𝗔𝗿𝗲 𝗥𝗮𝗿𝗲𝗹𝘆 𝗔 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗣𝗿𝗼𝗯𝗹𝗲𝗺? Read MoreThe Profit and Loss (P&L) statement is often treated as an accounting document. In practice, it is a decision-making tool. A P&L shows how an organization generates revenue and where …
𝗣𝗿𝗼𝗳𝗶𝘁 𝗮𝗻𝗱 𝗟𝗼𝘀𝘀 𝗮𝘀 𝗮 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗧𝗼𝗼𝗹 Read More