.../approach The authors studied individual nonprofits and confirmed their findings by interviewing their executives. Findings While most nonprofits have a good understanding of the direct costs incurred by their programs, many don't account for indirect costs. Full cost data can provide...

...Bruce J. Wright The finance and accounting processes tend to be mistakenly viewed only as necessary functions of month‐end closing and historical focus. When finance becomes recognized as a value‐adding process ‐ creating and focusing information to facilitate achieving the goals and objectives...