Remove Accounting Principles Remove CFO Remove Financial Reporting Remove Planning
article thumbnail

Highest Paid CFOs in the World in 2024

The Finance Weekly

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. AMRSQ) stock valued at over $8.

CFO 97
article thumbnail

5 Habits of Highly Effective CFOs

The Finance Weekly

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Revenue Recognition for Nonprofits: 4 Mistakes to Avoid

The Charity CFO

All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. Revenue recognition is an accounting process of properly identifying when income has been earned. Your organization’s accounting method really impacts the timing of recognizing transactions.

article thumbnail

IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

It enables finance teams to automate and accelerate the financial close with minimal IT support. It also helps finance teams deliver financial results, create informative financial and management reports, and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics.

Finance 52
article thumbnail

How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Depreciation and amortization reported for tax purposes in excess of that reported in financial reports. What is IRS section 280E?

article thumbnail

7 Keys to Nonprofit Financial Management

The Charity CFO

This is why at The Charity CFO , we strive to provide relevant resources and support to ensure that your organization runs smoothly and efficiently. This week, we’ve rounded up 7 keys to nonprofit financial management. This establishes core accounting standards for nonprofits which help with accountability and transparency.

article thumbnail

Nonprofit Accounting Services: The Right Solution

The Charity CFO

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. Provide personalized service.