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Breaking Down the FP&A Function of the CFO Suite

BlueLight

Traditionally, the chief financial officer (CFO) is responsible for tracking the company’s past and present financial situation and ensuring on-time and accurate financial reporting. Today, the CFO is expected to inform strategic decisions that drive the success of the company.

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Best Practices from the CFO Suite

BlueLight

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.”

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How to Fix Your Nonprofit Accounting

The Charity CFO

Working with a professional accounting firm specializing in nonprofit accounting is a great way to fix your accounting system and save time. Nonprofit accounting firms have specialized knowledge related to financial management for nonprofits. Do You Struggle to Make Sense of Your Financial Statements?

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Tips for cash management for a nonprofit organization

The Charity CFO

Optimizing cash flow may include negotiating payment terms with vendors, implementing efficient invoicing and collection processes, and exploring cash flow enhancement techniques such as short-term investments or revenue diversification. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

Your core financial reports, which we’ll look at below, exist to answer this one simple question– how much value has your organization created ? Don't hire the wrong accountant for your nonprofit! The #1 accounting mistake that nonprofits make is hiring the wrong people to help them. Accounts Payable.