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When Does Your Nonprofit Need an Audit?

The Charity CFO

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.

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CFO Leadership Council Highlights Our First 10 DEI Ascend Honorees

CFO Leadership

The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Fisher Senior VP & CFO American Hospital Association.

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5 Habits of Highly Effective CFOs

The Finance Weekly

What could go wrong if your Chief Financial Officer (CFO) is not effective in their job? What CFOs are Capable of Doing? Being a CFO is a top-tier position where you team up with the CEO and other leaders to steer a company toward success. Facilitate risk management, audits, and research.

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7 Essentials Of Nonprofit Financial Management

The Charity CFO

When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). This involves ensuring compliance with all accounting, reporting, and disclosure requirements. It also involves staying up to date on the latest auditing standards, tax regulations, and IRS filing requirements.