Pros & Cons of Outsourcing Accounting Functions for Nonprofits
As a nonprofit, you’ve probably compared the pros and cons of hiring an in-house accounting and finance professional to outsourcing this function to an accounting firm like BKD. Is it a good option when you’re growing quickly? When all things are considered, is it more expensive or cheaper than hiring in-house? Will there be less control and accessibility? Are there security risks? In this video, Director Stephanie Whitacre provides insight on outsourcing and reviews key items you should consider that can affect your organization.