Fohrman & Fohrman
Fohrman & Fohrman Incorporated - The Nonprofit Accounting Experts

The Accrual Accounting Experts

Helping Your Nonprofit Thrive

What is Accrual-Based Accounting?

Do You Need It?

Accrual accounting funnel diagram

Plenty of nonprofits struggle with financial record keeping. It's complex. You have to follow Generally Accepted Accounting Principles — plus many special rules from federal and state governments.

Accrual, or fund accounting, is the method that nonprofits use to track resources and make sure that expenses match the intentions of donors. Instead of profitability, the main goal is accountability.

You May Need Outside Help If:

  • ✓ You want "the big picture" for faster decision-making
  • ✓ Financial reports are late & inaccurate
  • ✓ There's no regular review of cash flow
  • ✓ It's challenging to properly track, use, & report grants
  • ✓ You're busy, "don't do numbers," & want an expert ally
  • ✓ There's no operating cash/building maintenance reserve
  • ✓ You want third-party protection from any mismanagement

Not sure?

Let's Talk It Through

Accounting With Compassion

Fohrman & Fohrman provides nonprofits with sound financial oversight in a clear and supportive way. Nonprofit clients in Arizona, California, and the District of Columbia helped us build our small, female-owned business into the success it is today.

Learn more

How Can We Help You?

Bookkeeping & Accounting

Bookkeeping & Accounting

Grants Management

Grants Management

Interim and Ongoing CFO

Interim and Ongoing CFO

Clean-up And Audit Prep

Clean-up And Audit Prep

Process Improvement

Process Improvement

Forensic Accounting

Forensic Accounting

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What Our Clients Say

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