Remove Accounting Firms Remove Budgeting Remove GAAP Remove Numbers
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Breaking Down the FP&A Function of the CFO Suite

BlueLight

The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. Financial planning & analysis is a corporation function that uses financial information to make forward-looking recommendations, evolving from a number cruncher to a strategic partner.

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Best Practices from the CFO Suite

BlueLight

Pre Series B, it’s a part-time role to simply track past financial numbers. Rather, our job is to provide a framework for the department managers to think about their own budget.” “It Accounting ?—?Nearly Example accounting firms include Attivo Partners and Keating Consulting. Edited for readability.

CFO 52
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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

Because this method of accounting tracks directly with money going into or out of your bank account, it’s by far the simplest method of accounting. And it’s preferred by many small nonprofits without experience in bookkeeping or the budget to hire a full-time accountant or outsourced accounting service.