There are laws specifying how nonprofits may spend their funds, and requiring them to provide comprehensive documentation of all such expenditures.
Mahwah, NJ (PRWEB) October 23, 2012
WeComply, Inc., a leader in web-based ethics and compliance training for corporate employees, has released a new course on Time Reporting. This 30-minute course explains time-reporting procedures that nonprofit organizations need to follow in order to comply with the numerous laws, regulations and guidelines that dictate how grant funds received from government agencies, foundations and corporations may be spent.
The course begins with an overview of time-reporting requirements and then covers timesheets and the reporting of actual hours worked. The course also discusses restricted projects, the supervisor review and approval of timesheets, and the correcting of timesheet errors.
“There are laws specifying how nonprofits may spend their funds, and requiring them to provide comprehensive documentation of all such expenditures,” said Mike Pallatta, WeComply CEO. “Our Time Reporting course explains these requirements, such as how to allocate time when working on multiple projects, proposals and more, which will help employees comply with these laws.”
For more information on WeComply’s Time Reporting course, please visit http://www.wecomply.com/ethics-training/971325-time-reporting-compliance-training-courses-classes.
WeComply is a leading provider of ethics and compliance training for employees in all industries and offers more than 80 courses that are easily customized and available in multiple languages both online and offline. Companies can host courses in their own LMS or use WeComply's patented system, which provides centralized administration, custom reporting and other advanced features. WeComply is the exclusive compliance training partner of the ACC Alliance. For more information, visit http://www.wecomply.com.