One of the things I have noticed in my experience as an accounting manager is that when it comes to association finances, in many cases the only people familiar with them are the finance staff and board members. Most of the time this is because that is how it’s [...]
Are you contemplating becoming a board member for an association, but have never sat on a board before? Are you unsure of the role of the board and responsibilities of a director? In this article I go back to the basics and review what a board is, the functions [...]
With anything in life, as you spend more time on something, over time you develop tips and tricks to accomplish it more effectively. For instance, on your drive to work in the morning, you eventually learn that there are certain times of the day where you can take a [...]
I spent a large part of the last year leading a national trade association through a major management change. The year saw the departure of the long-time CEO, the appointment of an interim CEO, and finally the transition from a stand-alone association to one managed by an association management [...]
As an accountant working with associations, one question I’ve been asked is, “What is the difference between management accounting and financial accounting?” These are two distinctly different areas of accounting, and if you didn’t study accounting, this is probably something you were not aware of. Up until 2016, these [...]
