5 Essential Internal Controls Every NGO Should Have
By Rezaul Islam Oct 28, 2026 Introduction Strong internal controls are essential for every organization, but they are particularly important for NGOs. NGOs often manage funds from multiple sources, operate through field offices or branches, implement donor-funded projects and work with employees, partners and suppliers across different locations. A weak control environment can increase the […]
Is Your Accounting Messy or Behind? 7 Signs You Need a Bookkeeping Cleanup
By Rezaul Islam October 22, 2026 Introduction Many small businesses don’t realize their accounting records have become disorganized until they need financial statements, prepare for tax filing, or apply for financing. Maybe the books are three months behind. Perhaps the bank account does not reconcile. Maybe there are duplicate transactions, unexplained balances, or old invoices […]
10 Common Accounting Mistakes Small Businesses Make and How to Avoid Them
By Rezaul Islam Oct 21, 2026 Good financial management is one of the foundations of a successful small business. Yet many business owners focus so much on sales, customers and daily operations that bookkeeping and accounting receive less attention than they deserve. Poor bookkeeping does not always create an immediate problem. However, inaccurate records, unreconciled […]
Mastering Bank Reconciliation: An Essential Guide for Accounting Practitioners
Mastering Bank Reconciliation: An Essential Guide for Accounting Practitioners By Rezaul Islam December 04, 2024 Bank Reconciliation Bank reconciliation is a crucial process in the world of accounting, yet it often feels like a daunting task for many practitioners. Whether you’re an experienced accountant or just starting your career, mastering this skill can significantly enhance […]
Addressing the Disconnect Between Program and Finance Teams in Nonprofit Organizations
Addressing the Disconnect Between Program and Finance Teams in Nonprofit Organizations The program completed activities but not reflected in financial reports. A key issue is reliance on cash-based accounting rather than the accrual. By Rezaul Islam Nov 21, 2024 When I began my career in the nonprofit sector, I quickly noticed a disconnect between the […]
The Unseen Struggle of Working Mothers: A Call for Real Change in Development Organizations
The Unseen Struggle of Working Mothers: A Call for Real Change in Development Organizations By Rezaul Islam Nov 14, 2024 Experiencing the daily struggles of women, especially those who balance the demands of work, marriage, and motherhood, is not something everyone can truly understand. Life is a continuous battle on multiple fronts for many married […]
A Day in the Life of an Accountant: Balancing Numbers and Life
Single Post Home / Single Post A Day in the Life of an Accountant: Balancing Numbers and Life Rezaul Islam February 16, 2024 Have you ever wondered what it’s like to be an accountant? While many people might picture a solitary figure hunched over a desk surrounded by stacks of papers and a glowing computer […]
Tax Planning 101: Essential Steps to Take Before Year-End
Tax-Saving Strategies for Freelancers and Gig Workers Rezaul Islam June 12, 2024 Share Lorem ipsum dolor sit amet elit. Phasellus ligula lorem, vehicula a erat vel sapien. Etiam bibendum neque tortor, et rutrum purus convallis non. Integer feugiat elit a eleifend accumsan. Nam id lacus sit amet urna dictum viverra. Aliquam et orci luctus, ultricies […]
Difference between Accounting and Bookkeeping
Difference between Accounting and Bookkeeping By Rezaul Islam July 14, 2024 Accounting and Bookkeeping difference Accounting and bookkeeping are both essential components of the financial management process, the two terms are often used interchangeably, but they serve different purposes and involve different tasks. Bookkeeping Bookkeeping is the systematic recording of financial transactions in the appropriate […]