CFO News Room

JANUARY 23, 2023

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.

CFO 100

CFO Accounting Principles Corporate Finance Finance 100

The Charity CFO

JANUARY 21, 2022

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.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

The Charity CFO

APRIL 5, 2022

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.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98