Remove Accounting Principles Remove Auditing Remove Compliance Remove Risk Management
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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. If you lack knowledge in accounting principles, you open yourself up to many potential risks, including inaccurate financial statements which can hinder your ability to make informed decisions.

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7 Essentials Of Nonprofit Financial Management

The Charity CFO

Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Tax issues and non-compliance with regulatory requirements. So, how can you guarantee that your organization is not exposed to any of these risks? Bring GAAP compliance. Create transparency and accountability required by the board and IRS.