Like many other businesses, accounting presents unique challenges to nonprofits. However, this is not a big issue. The biggest problem is how to manage the nonprofit's financial status. This begins with identifying the financial red tapes then maintaining the nonprofit’s status. Unfortunately, this is not always easy. When it comes to tracking various financial processes, most of the charities get it wrong. Compounded with the regulatory changes and the shifts in the nonprofit landscape, you are likely to encounter countless challenges on the way. Here are the common nonprofit problems that you may face in accounting.

There are hundreds or even thousands of reasons to fundraise. It can be because you want to help people get through problems such as medical bills or fund a nonprofit mission. You can also fundraise to help individuals hit by a disaster. No matter the reason for fundraising, the only key to success is having the right fundraising ideas. Without the right fundraising strategy, you will not succeed in any cause. To help you develop the right fundraising strategy, here are six fundraising ideas that you should consider.

Fundraising is not an easy task for many nonprofits. It often demands creativity and tweaks from the traditional approaches that potential donors have gotten used to. As a nonprofit leader or a fundraising organizer, you have used approaches such as auctions, mail marketing, or walkathons. However, as we head to another important nonprofit season, here are six fundraising ideas to consider that may increase your fortunes and take your fundraising initiatives to the next level.