As nonprofit organizations are facing closer examination from donors, the public, the press and others, nonprofit managers have to establish set principles for accountability, transparency and fraud prevention. Kintera Fundware, maker of donor and financial management software specifically for the nonprofit and government sector, has just released a report entitled “Proactive Strategies: Accountability, Transparency & Fraud Prevention in Nonprofit Organizations.”
This paper highlights 18 proactive steps that nonprofit managers can take to streamline financial reporting to ensure that these organizations are indeed stewards of the money with which they have been entrusted.
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