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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

For accountants, this means the profit-generating strategies and investment ideas you bring to the table are still applicable and can make a massive impact. One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990.

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Breaking Down the FP&A Function of the CFO Suite

BlueLight

This function is called financial planning and analysis (FP&A). The CFO is focused on company-level strategic planning and building a relationship with investors. The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The CFO takes on the responsibility of FP&A.

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Best Practices from the CFO Suite

BlueLight

System for a high functioning finance office Integrating disparate finance tools Getting full visibility to subscription revenue Financial planning of the CFO suite How do you view the responsibility of the CFO suite? Post Series B, it becomes a full-time job to support strategic planning. Accounting ?—?Nearly Recruiting ?—?Startups

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

Cash accounting may be a good choice for some small nonprofits with funding challenges. Accrual accounting is required by Generally Accepted Accounting Principles (GAAP), which means that you’ll need accrual-based reports to complete a nonprofit audit. Check out this article to learn more about fund accounting.