Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO News

JULY 1, 2024

Government and ICAI collaborate to boost global accounting firm presence. Efforts include setting standards for insurance sector and LLPs, and reducing the time for voluntary company closure. ICAI President plans for CA firm aggregation in the near future.

Accounting Standards 40

Accounting Standards Accounting Accounting Firms Planning 40

BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.” It evolves with stage.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

The Charity CFO

AUGUST 30, 2022

The Financial Accounting Standards Board (also known as the FASB) defines and codifies all nonprofit accounting regulations here in the United States, so this falls under FASB jurisdiction. . For a more in-depth discussion of ASC 606, please see FASB Accounting Standards Update. What Is ASC 606? Get the free guide!

Nonprofit 86

Nonprofit Accounting Standards Accounting CFO 86

The Charity CFO

JANUARY 21, 2022

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

Nonprofit 92

Nonprofit Accounting GAAP Accounting Principles 92

CFO Network

SEPTEMBER 9, 2022

A great place to start is to allow CFO Network to provide a IT Security Scan for your network. That way, you can protect your accounting firm from potential errors caused by human or machine mistakes. Schedule time with CFO Network to discuss your Accounting Cyber Security options. Know Your Regulations.

Securities 52

Securities Accounting Accounting Standards CFO 52

Future CFO

MARCH 1, 2023

Additional key findings Use of Sustainability Accounting Standards Board (SASB) standards and the Task Force on Climate-Related Financial Disclosures (TCFD) framework have increased significantly between 2019 and 2021: there was a 29% increase for SASB standards usage and 30% for the TCFD framework.

Accounting Standards 52

Accounting Standards Auditing Accounting Accounting Firms 52