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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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What to Look for in a Nonprofit Accounting Partner

The Charity CFO

The Importance of a Strong Nonprofit Accounting Partner A nonprofit organization’s finances can be complicated, thanks to reporting and filing regulations and laws. In addition, you need to make sure your financial data is accurate and readily available for donors, board members, and other stakeholders.

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How to Fix Your Nonprofit Accounting

The Charity CFO

The easiest way to create an accurate budget is to use budget tracking based on historical financial data. Try to review your budget every couple of months and make adjustments as needed to meet current financial needs. Nonprofit accounting firms have specialized knowledge related to financial management for nonprofits.

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How Tech Can Help Uncover The Story Behind Financial Data

PYMNTS

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

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12 Best Paying Jobs in Finance in 2023

CFO News Room

Chief Financial Officer. As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management.

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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

To support and maintain the organization’s tax-exempt status, nonprofit accountants have to understand and adhere to IRS rules for: Tax-exempt organizations Reporting requirements Maintaining proper documentation Reporting Financial reports and statements provide a transparent view of the organization’s financial performance.