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AcctTwo Blog

5 Trends in Fund Accounting for 2018

We've read and written quite a bit about how quickly accounting regulations, processes, and technology are changing in the private sector, but many of those trends also apply to nonprofits and government entities whose accounting revolves around funds. Fund accounting is different from for-profit or commercial accounting. It encompasses most aspects of commercial accounting but goes beyond those requirements in both form and function. Learn about five important trends we see in the world of fund accounting:

Topics: accounting software Fund Accounting Not-for-Profit and Faith-Based

Seacoast Church Success Story: How to Manage Church Funds

How to manage church funds in 13 campuses, 25 funds, 80 departments — and lots of accounting challenges

We're always proud of the work we do and the relationships we build with each and every one of our customers, but when we get feedback years down the road and get to hear how transformative Intacct and our implementation team have been, it's very special. Seacoast Church, an AcctTwo customer in the Carolinas, recently contributed to a story in Church Executive Magazine about how the multi-site church, with 12 physical locations and an online campus, needed a powerful accounting tool that could provide consistent financial reporting across locations and ministries.

Topics: church accounting Financial Reporting Fund Accounting Not-for-Profit and Faith-Based