Posts by Mike DeRosa

Hi Everyone,   Before I get started, let me just say I hope you, your family and your team are healthy and safe during this difficult time. Many of us already know someone affected. Our prayers are with you. Sometimes we are the classic example of “The Cobbler whose children had no shoes”. I know…

Amid increasing demand for transparency and accountability, today’s nonprofits are seeking ways to both produce and to demonstrate successful outcomes. Heightened expectations and heightened scrutiny come from several sources—including ever more-engaged funders looking for financial management techniques and principles employed by for-profit businesses. To meet this demand, nonprofit organizations are embracing outcome metrics to measure…

Frequently I am asked “What does dimensional accounting mean?” The best I can offer is to tell you what dimensional accounting means to me. Dimensional Accounting is the ability to ask a general ledger account “What is in you?” Isn’t it the question we always need answered? “What the heck is going on in this…