Bank Reconciliation! Is your homeschool group reconciling your bank account every month? You should be!
Carol Topp, the HomeschoolCPA, explains why bank reconciliation is the most important task you should do to manage your group’s finances. But don’t let your treasurer balance the bank account! It should be someone else. Listen to the podcast to understand why.
FEATURED PRODUCT from HomeschoolCPA:
Money Management in a Homeschool Organization
Does your homeschool group manage their money well? Do you have a budget and know where the money is spent? Do you know how to prevent fraud? This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.
Click Here to request more information!
What’s the best way to to prevent fraud or mistakes in the finances of your homeschool group? It’s called separation of duties and Carol Topp, the HomeschoolCPA explains why your treasurer should not be doing all the financial tasks in your homeschool organization.
For the 100th episode of the Dollars and Sense Show / HomeschoolCPA podcast I asked a few friends, “What does 
Do you know the difference between nonprofit and tax exempt status?
Do you think all a treasurer does is write checks? Their job involves a lot more that that! Carol Topp of HomeschoolCPA explains the tasks a treasurer does and why her position needs lots of oversight.
A secretary does a lot more than just record minutes of meetings. Carol Topp of HomeschoolCPA explains the important tasks a secretary does as the keeper of important papers in a homeschool organization.
Did you know that board members have four main duties: the duty of care, loyalty, management and compliance? Carol Topp, the Homeschool CPA, explains what those duties look like in practice. She offers tips and advice to help your board do a better job with their responsibilities in running your homeschool organization.
