The Finance Weekly

MARCH 25, 2024

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? Well, CEOs are cluing in on the fact that having a financial expert on board can steer their ship in the right direction and spur business growth. As the Director of Amyris Inc.,

CFO 97

CFO Finance Forecasting GAAP 97

The Finance Weekly

APRIL 21, 2024

What could go wrong if your Chief Financial Officer (CFO) is not effective in their job? They could steer your company towards poor financial decisions, like risky investments, inaccurate budgeting, or insufficient cost control. What CFOs are Capable of Doing? Spot investment and financial planning prospects.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

The Charity CFO

DECEMBER 30, 2021

So it’s not always a wise investment for some smaller nonprofits. . Don't hire the wrong accountant for your nonprofit! The #1 accounting mistake that nonprofits make is hiring the wrong people to help them. Assurance is an opinion given by a CPA on the accuracy of an organization’s financial statements.

Nonprofit 98

Nonprofit Auditing GAAP Accounting Principles 98

The Charity CFO

JANUARY 11, 2023

Nonprofits rely on a mix of sources for their income, from fundraising, grants, and investments to earned income and individual contributions. All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. Receive grants. Employ paid staff.

Nonprofit 52

Nonprofit GAAP Accounting Principles Auditing 52

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

JANUARY 26, 2023

NPOs should track all donations, grants, and investments made to their organization to make sure they are properly accounted for. Proper revenue recognition is a core accounting principle that ensures proper financial reporting, ensuring that you remain compliant and maintain donor confidence.

Nonprofit 52

Nonprofit Accounting Principles Profit and Loss Auditing 52

The Charity CFO

JANUARY 5, 2023

Maintaining healthy financial management is critical for the organization’s sustainability, stability, and flexibility, now and in the future. Misuse of funds and poor investments. Poor financial reporting. Your organization has physical assets, including cash, investments, and other tangible property.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52