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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. Accounting ?—?Nearly Nearly all companies responded using an outsourced accounting firm for general book keeping in the early days of the company life. Example accounting firms include Attivo Partners and Keating Consulting.

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

The Charity CFO

Accrual-basis accounting requires extensive use of both accounts payable and accounts receivable to keep track of these accruals. . How it works in real-life: Let’s say you host a fundraiser in September that generates a significant number of donations. Check out this article to learn more about fund accounting.