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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

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.

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Real Talk: Is Outsourced Accounting Right for Your SMB?

CFO Network

Rather than allocating resources to recruitment, training, and employee retention, SMBs can choose a flexible payment model that aligns with their budget and needs. Access to Specialized Expertise: Why Outsourcing Matters Another compelling reason to consider outsourced accounting is access to specialized expertise.

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12 Best Paying Jobs in Finance in 2023

CFO News Room

The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Senior Accountants. Budget Analyst.

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What to Look for in a Nonprofit Accounting Partner

The Charity CFO

It’s important to do your due diligence when looking for an accounting partner. Nonprofit accounting has several major differences from for-profit accounting. An accounting firm that specializes in nonprofit accounting knows the legal and tax limitations of a nonprofit organization.

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How to Prevent Burnout in Your Nonprofit

The Charity CFO

You can do this by promoting open communication and transparency throughout your nonprofit. In addition to communication, you can help reduce burnout by prioritizing employee wellness and mental health. Comparing your nonprofit budget to actual , for example, can help you better understand where resources are going.

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Automated and Data Driven Financial Planning Hasn’t Reached its Full Potential

The Finance Weekly

A big part of these changes is increased communication between technology teams and other business departments. However, one department seems to lag behind when it comes to communication procedures: the finance department. For finance teams this is more true than ever, and the recent market volatility has exasperated this issue.

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5 Challenges Nonprofits Face in 2024

The Charity CFO

Review your nonprofit budget and cash flow data to find areas for improvement. You can make donors feel special by adding personalized messaging to donor communications. Many nonprofit organizations struggle to attract and retain top talent, whether from limited budgets or stigmas from job seekers. 2024 will be no different.