Avoiding “Fashlas” by Your Accountant

The word fashla is Hebrew colloquial for “screw-up”. And yes, even your accountant, an Israeli charity’s best friend, can make a few. As a banker I see this particular slip-up more often than you think. Here are two ways to avoid your accountant inadvertently putting your organization’s bank account in the red.  PRELUDE In Israel, the [...]

By | August 23rd, 2012|Accounting/Bookkeeping, Banking, ללא קטגוריה|0 Comments

6 Reasons “Friends of” Orgs Should Bank Abroad

The fiscal responsibilities of an American charity have become more complicated in recent years. Increased scrutiny from the IRS, more intricate tax documentation, the recent economic crisis, and donors’ need for transparency, are just a few of the challenges facing the sector. When a charity operates internationally these difficulties are only exacerbated. These global organizations [...]

By | December 16th, 2010|Banking, ללא קטגוריה|0 Comments