When it comes to revenue, nonprofits need to think like auditors

If you want to make the best-informed decisions about your nonprofit’s future, rigorously review your revenue figures. Revenue data can enhance activities from budget development to goal setting. Learn more.Auditors examining a not-for-profit’s financial statements spend considerable time on the revenue figures. They look at the accounting methods used to record revenues and perform a detailed income analysis. You can use the same techniques to increase your understanding of your organization’s revenue profile.