This paper discusses the venture of opening an accounting company for the nonprofit sector.
Written in 2005; 2,250 words; 7 sources; $ 89.95
Paper Summary:
The paper describes a plan to create a small accounting company with fewer then ten employees, concentrating on tax matters and directing the business specifically to the nonprofit sector. The paper points out that it has many of the same tax issues as private companies of the same general size. The paper notes ethical concerns, training issues and other information about the proposal.
From the Paper:
"The plan is to create a small accounting company with fewer then ten employees, concentrating on tax matters and directing the business specifically to the nonprofit sector, which has many of the same tax issues as private companies of the same general size. Many tax accounting firms address the needs of the small business, while there are fewer specializing in the concerns and issues facing the small nonprofit. There is thus a need for such a firm and an opening for a good company able to handle the particular interests of the non-profit organization and finds ways to save it money. One of the primary reasons for accounting is to keep track of income and expenditures, which is true for nonprofit as well as profit-making entities."
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