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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

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Stanley Black & Decker Names Fortune Brands Executive as CFO

CFO News Room

based company on Monday said Patrick Hallinan will become CFO, effective April 6. Mr. Hallinan will remain CFO at Fortune Brands until March 2. the previous CFO, was elevated to chief executive officer. Stanley Black & Decker Inc. appointed the chief financial officer of Fortune Brands Innovations Inc.

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Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

Cash accounting does not comply with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations. So if you expect to grow or search for new sources of funding, you’ll probably need to graduate to accrual-basis accounting. Also, revenue must be recorded when it is actually or “constructively” received.

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Fund Accounting for Nonprofits & Charities

The Charity CFO

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.