Boston Startup CFO

APRIL 3, 2023

In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions. This includes managing invoices, receipts, and payments, as well as reconciling bank statements. A disorganized bookkeeping system causes the rest of the financial accounting hierarchy to be unsound.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

The Charity CFO

DECEMBER 30, 2021

A nonprofit financial audit is an independent examination of the accuracy of your accounting records, financial statements, and internal controls. It confirms your compliance with federal grant management standards. And that inspires trust and confidence among potential funders, banks, and other potential partners.

Nonprofit 98

Nonprofit Auditing GAAP Accounting Principles 98

The Charity CFO

FEBRUARY 4, 2022

Nonprofits must maintain thorough and accurate financial records to comply with both Generally Accepted Accounting Principles ( GAAP ) and maintain their tax-exempt status with the IRS. Record and classify payments and bank transfers . Prepare bank reconciliations. Organize and maintain receipts . Manage payroll .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

CFO News Room

NOVEMBER 2, 2022

Chris Stanley is the Founding Principal of Beach Street Legal LLC, a law practice and compliance consultancy whose sole purpose is to help entrepreneurial investment advisers and financial planners succeed. Compliance policies and procedures manual. Author: Chris Stanley. Guest Contributor. Net capital worksheet. Surety bond.

Compliance 130

Compliance GAAP Investments Advertising 130

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. Our team can provide comprehensive tax and financial guidance to help your organization remain in compliance with all state and federal regulations.

Nonprofit 52

Nonprofit Accounting Principles Profit and Loss Auditing 52

The Charity CFO

APRIL 29, 2022

We won’t deal with other types of nonprofit audits , like compliance audits or governmental audits, which can differ in certain respects. Examine all account balances to ensure they are reasonable based on your knowledge of the business , i.e. Does the revenue reflect what you actually collected?

Nonprofit 105

Nonprofit Auditing General Ledger Reconciliations 105

CFO Leadership

AUGUST 12, 2021

Prior to joining the AHA, Christina was vice president of finance for the Federal Reserve Bank of Chicago where she led the financial planning and analysis functions for the Chicago Fed and collaborated on projects with leaders across the Federal Reserve System. Kim Nguyen, CFO, Industrial Management Training Institute (IMTI).

Leadership 98

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