The Electronic Funds Transfer Act requires providers to disclose any fees they charge for transfers before they can be processed, so it’s a good idea to check these before requesting a transfer. These fees may come in the form of a flat rate, or a percentage of the amount transferred. Same-Day ACH is an improvement …
The program efficiency ratio measures the proportion of expenses allocated to program services relative to total expenses, helping stakeholders evaluate the organization’s mission commitment. The operating reserve ratio assesses financial stability by comparing unrestricted net assets to annual operating expenses, indicating the organization’s ability to sustain operations during downturns. Dr. McDonough’s research primarily addresses governmentalaccounting, …
Governmental Accounting II and Nonprofit Accounting Read More »
