The Finance Weekly

APRIL 21, 2024

CFOs rely on robust finance and accounting expertise, backed by years of experience, to boost the organization's financial health. In their capacity, CFOs usually: Engage with departments such as accounting, customer service, and finance. Address accounting and finance issues.

CFO 52

CFO Budgeting Auditing Accounting Principles 52

Spreadym

OCTOBER 3, 2023

Skills: They possess a range of technical and soft skills, including financial analysis, financial modeling, data management, budgeting, forecasting, communication, and problem-solving skills. Experience: FP&A candidates may have prior experience in financial analysis, accounting, or related roles.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

The Charity CFO

APRIL 13, 2023

Accounting Standards In the United States, all organizations must adhere to the Generally Accepted Accounting Principles (GAAP). This establishes core accounting standards for nonprofits which help with accountability and transparency. Open communication can provide you with insights that might otherwise be missed.

Nonprofit 52

Nonprofit Compliance Accounting Standards Budgeting 52

The Charity CFO

NOVEMBER 10, 2022

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.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

Strategic Treasurer

MARCH 6, 2023

” Communication matters, and understanding how different groups use terms is vital for effective communication. In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

The Charity CFO

JANUARY 5, 2023

When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). Communicate regularly with key stakeholders to ensure that everyone is on the same page. Always Be Report-Ready With Accounting Solutions Built for Nonprofits. A Nonprofit Budget.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

Cube Software

MAY 11, 2023

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. Do the same for inventory in your balance sheet.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40