News

Understanding Employee vs. Independent Contractor

When deciding to have someone work for you, it's crucial for businesses to correctly classify them as either...
Read More about Understanding Employee vs. Independent Contractor

Program Accounting Made Simple: Tracking Funds for Maximum Transparency

Nonprofits operate on a foundation of trust. Your donors, grant agencies, and the community you serve put faith...
Read More about Program Accounting Made Simple: Tracking Funds for Maximum Transparency

Year-End Done Right: A Bookkeeper’s Guide to a Smooth June 30th Close

For many non-profits, the fiscal year-end on June 30th can feel like a looming storm cloud. But fear...
Read More about Year-End Done Right: A Bookkeeper’s Guide to a Smooth June 30th Close

Beyond HR’s Reach: What HR is NOT

Starting out in human resources at a small but growing company, I quickly realized that there were misconceptions...
Read More about Beyond HR’s Reach: What HR is NOT

Statement of Financial Position or Balance Sheet Analysis (Part 3 of 3 Series)

This article delves into the Analysis of the Balance Sheet, also known as the Statement of Financial Position....
Read More about Statement of Financial Position or Balance Sheet Analysis (Part 3 of 3 Series)

Horizontal and Vertical Analysis (Part 1 of 3 Series)

Introduction: At the Consonance Group, we recognize the challenges small organizations encounter in financial management. Deciphering and analyzing...
Read More about Horizontal and Vertical Analysis (Part 1 of 3 Series)

Budgeting Foward vs Backward

A budget is an essential strategic tool for organizations, serving as a detailed plan that outlines expected income...
Read More about Budgeting Foward vs Backward