Jeri Groce Writes Article for CentrAL Inc!
Jeri Groce, CPA, a Member in the Audit Division of the firm’s Montgomery accounting and advisory office, recently wrote an article for CentrAL INC!
CentrAL INC! is a bimonthly publication that covers pertinent topics, trends and concerns that impact businesses in Montgomery and surrounding counties.
In her article, How Nonprofits Can Avoid Mission Creep Through Smart Accounting and Strategic Focus, Jeri explains that nonprofits often drift from their original mission when new opportunities or funding arise.
Jeri recommends tracking expenses and revenue by program, involving the finance team in decision-making and developing clear grant acceptance policies. She notes that sustainable growth requires intentional alignment among mission, funding and spending, ensuring every dollar supports the organization’s purpose.
Regarding the importance of strong financial practices, Jeri says, “Strong financial practices aren’t just about keeping your nonprofit in compliance with regulations. They’re powerful tools for gaining strategic clarity, making informed decisions and ensuring every dollar contributes to the difference your organization exists to make.”
Jeri Groce joined the firm in 2004 and is a member of the firm’s Public Sector Industry Group. Jeri has more than 20 years of experience in public accounting and specializes in auditing, attestation and consulting services for nonprofit, higher education and governmental entities. She also has extensive experience working with clients subject to the Uniform Guidance requirements.
Warren Averett’s Public Sector Industry Group provides comprehensive and customized consulting services to clients. The firm’s experts know that nonprofits, government entities and education organizations have complex needs that require a specialized approach, and they are committed to helping clients meet their requirements and needs.
Learn more about the firm’s Montgomery CPAs and advisors.
Read the full article on CentrAL INC!’s website here.