Accountability and performance measurement have become an important and urgent subject for nonprofit organizations as they encounter increasing competition from other agencies, all competing for scarce funding. The reliance on external funding puts pressure on nonprofits to examine all expenditures and ensure funds are used to support their missions. Performance measurements can act as a check to verify the nonprofit is successful at reinforcing the mission and goals for board members, staff and volunteers. A performance measurement is a numeric outcome of an analysis that indicates how well an organization is achieving its objectives. These measurements can be used to examine the performance of all aspects of a business, including the accounting, engineering, finance, marketing, materials management, production, research, and sales departments. In this article, we take a deeper look into setting up and tracking accounting performance.