RUNNING HEAD:CASH AND INVESTMENT MANAGEMENT

Cash and Investment Management

Cash and Investment Management in Nonprofit Organizations

Cash is a vital resource for nonprofit organizations. To maintain financial stability, the organization must have enough cash to operate the activities. Cyclical and seasonal fluctuations also affect the funds of the organization. Organization must plan when cash flows are generally lower than the cash outflows. For a nonprofit organization, the biggest challenge is to manage the cash flow. The overall objective of cash management is to make sure that there is enough cash to pay the expenses (Anthony and Young, 1994). Cash and investment management is ...