Having run a small non-profit operation for a few years now, the standard of transparency I now like is simply publishing our General Ledger to the Web every year.
What’s nice about it: it’s a) feasible (our accounts are in Xero and once you’ve figured out the export it’s a breeze), b) the ultimate in transparency. We still do summary reports to give people an idea of what’s happened with the money, but anyone who complains or for some other reason wants the raw data, I can just point at the GL.
Having run a small non-profit operation for a few years now, the standard of transparency I now like is simply publishing our General Ledger to the Web every year.
What’s nice about it: it’s a) feasible (our accounts are in Xero and once you’ve figured out the export it’s a breeze), b) the ultimate in transparency. We still do summary reports to give people an idea of what’s happened with the money, but anyone who complains or for some other reason wants the raw data, I can just point at the GL.