The Charity CFO

JANUARY 11, 2023

Revenue recognition for nonprofits may seem fairly straightforward, but has unique complexities with important compliance consequences. All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. Undergo annual financial audits.

Nonprofit 52

Nonprofit GAAP Accounting Principles Auditing 52

Boston Startup CFO

APRIL 3, 2023

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.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

Future CFO

NOVEMBER 2, 2020

China is the most complex jurisdiction for financial compliance in Asia Pacific while Hong Kong is the easiest, said TMF Group recently. Jurisdictions in APAC lag significantly behind the adoption of technology to streamline and simplify processes. Report highlights.

Compliance 40

Compliance IFRS GAAP Accounting Principles 40

The Charity CFO

NOVEMBER 10, 2022

Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. Improves compliance.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

JANUARY 26, 2023

Proper revenue recognition is a core accounting principle that ensures proper financial reporting, ensuring that you remain compliant and maintain donor confidence. You don’t want to make any mistakes that could trigger an audit or even the loss of your 501(c)(3) status.

Nonprofit 52

Nonprofit Accounting Principles Profit and Loss Auditing 52

The Charity CFO

JANUARY 5, 2023

Tax issues and non-compliance with regulatory requirements. When creating these policies, make sure they’re regularly reviewed and updated to keep up with changing circumstances, technological advances, and regulations. Bring GAAP compliance. Create transparency and accountability required by the board and IRS.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

CFO Leadership

AUGUST 12, 2021

She joined a new executive team to lead strategic alignment and operational transformation of Finance, Information Technology, Meeting & Travel Services, and Facilities Management. Indri Ongko, Controller, Western Technology Investment. Indri Ongko, Controller, Western Technology Investment.

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98