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Can a treasurer also be the accountant of a not for profit organization?
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What are the ways which a management accountant might contribute to a formal decision making process?
A management accountant might contribute to a formal decision making process by ordering feasibility studies. A management accountant can also tell everyone how much things will cost and how much profit can be made.
What is a business organization?
a business organization is a group or a unit of people working together with a commen objective of profit maximization.but profit maximization is not the only objective..they also satisfy human needs and wants by producing goods and services
What is the role of a cost accountant in the business organization?
Cost accountants are responsible for establishing budgets for the organization. They also assign predetermined overhead rates for product, so that the business doesn't take a loss when they sell the product.
Can a treasurer also be the president of a corporation?
Definately no no no
Can a non-profit organization open a merchant processing account to accept donations via credit card?
Yes, a non-profit organization can open a merchant processing account for the purpose of accepting credit card donations. However, the non-profit organization must go through the same process as any other business, so the approval process can be lengthy. Also, the fees charged by the bank may vary. The advantage is that the non-profit organization will receive the credit card donations more quickly and the name of the non-profit will show up on the donor's credit card statement.
Abbreviation of treasurer?
A treasurer is a person within an organization that is usually in charge of the financing. This position can be abbreviated to treas.
What are the ways which a management accountant might contribute to a formal decision making process?
A management accountant might contribute to a formal decision making process by ordering feasibility studies. A management accountant can also tell everyone how much things will cost and how much profit can be made.
The idea that employees should also share the profit of organization was given by which of?
Charles Babbage
The idea that employees should also share the profit of organization was given by What theorist?
Charles Babbage
Where can one find information on how to start a non profit organization?
To get your non profit organization to get a special designation from the United States government you can contact the Small Business Administration. If you want to get federal funding you can also ask about grants.
What is a business organization?
a business organization is a group or a unit of people working together with a commen objective of profit maximization.but profit maximization is not the only objective..they also satisfy human needs and wants by producing goods and services
What does it mean for an organization to be professional?
For an organization to be professional it means that they take money for services and work for a profit. It also means that they are organized, functional and meet targets on time.
How do you find out if an organization is non-profit?
The easiest way is to ask. You could also check the Secretary of State's office in the state in which the organization is located. If it is not a new organization you could check if they are listed on guidestar.com.
What is the role of a cost accountant in the business organization?
Cost accountants are responsible for establishing budgets for the organization. They also assign predetermined overhead rates for product, so that the business doesn't take a loss when they sell the product.
What is the importance of government in an organization?
Depends on the organization but basically every organization be it non-profit (501c3) or not for profit, or for profit organizations such as business are all affected by governments in some way. Examples of this are tax rates and incentives, government regulations such as OSHA and regulations on what is being sold, such as firearms etc. Non-profits and not for profit organizations also sometimes rely on government subsidies to function. Also as in every day life all organizations and people are affected by government in the form of roads and utilities and the maintenance of these services that are provided. The amount of government involvement that is best in an organization is much debated.
Can a treasurer also be the president of a corporation?
Definately no no no
What is included in a treasurer's report for a nonprofit association?
A treasurer's report for a nonprofit association typically includes financial statements such as an income statement and balance sheet, showing the organization's revenue, expenses, assets, and liabilities. It may also include a summary of the organization's cash flow, a breakdown of income sources, and a comparison of budgeted versus actual financial performance. Additionally, the report may highlight any significant financial transactions, investments, or financial risks the organization is facing.
