Compliance & Audit
Prepare for audits, track restricted funds, and maintain compliance documentation.
12 articles
Preparing for Grant Audits
Grant audit preparation for nonprofits: how to get ready for single audits, funder reviews, and internal audit requests without rebuilding reports in spreadsheets.
Tracking Restricted vs Unrestricted Funds
Understand the difference between restricted and unrestricted funds and how to track them properly.
Maintaining Audit-Ready Documentation
Learn best practices for organizing and maintaining documentation that's always ready for review.
Nonprofit Month-End Close Checklist
A comprehensive month-end close checklist designed for nonprofits managing grants, restricted funds, and funder reporting requirements.
FASB ASU 2016-14 Reporting in QuickBooks Online
FASB ASU 2016-14 changed nonprofit financial reporting. Learn how to generate compliant statements from QuickBooks Online data.
What is Modified Total Direct Cost (MTDC)? Complete Guide
MTDC is the most common base for calculating indirect costs on federal grants. Learn exactly what it includes, what's excluded, and how to calculate it.
Single Audit Requirements Explained (2026 Guide)
If your nonprofit spends $1,000,000 or more in federal awards, you need a Single Audit. Learn what that means and how to prepare.
Grant Compliance Checklist for Nonprofits
Stay compliant with your grants using this comprehensive checklist covering documentation, allowable costs, reporting, and federal requirements.
Functional Expense Allocation Methods for Nonprofits
Functional expense allocation is required for nonprofit financial statements. Learn the methods and best practices for Program, M&G, and Fundraising allocation.
Understanding Net Assets Released from Restriction
Master the concept of net assets released from restriction—the accounting entry that moves funds from temporarily restricted to unrestricted as you spend them.
Time and Effort Reporting for Federal Grants
Master federal time and effort reporting requirements—from personnel activity reports to semi-annual certifications and everything auditors expect.
Uniform Guidance 2024+ Update for Nonprofits
Key federal compliance threshold changes you should apply now: Single Audit, MTDC, and de minimis updates.