Global Finance

JULY 29, 2024

“The risk/return matrix is not appealing,” Bokhari remarked during a recent webinar with The CFO Alliance, a peer group of some 9,000 finance pros. They oversee the entire financial operations of a company: from strategic financial planning and risk management to advising on investment decisions and ensuring regulatory compliance.

CFO 105

CFO Finance Accounting Principles Corporate Finance 105

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. However, don't undervalue the significance of comprehending finance for your startup's survival. Familiarity with Generally Accepted Accounting Principles (GAAP) is essential.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

The Charity CFO

JANUARY 11, 2023

Revenue recognition for nonprofits may seem fairly straightforward, but has unique complexities with important compliance consequences. All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. Not Documenting Donations Properly.

Nonprofit 52

Nonprofit GAAP Accounting Principles Auditing 52

The Charity CFO

MAY 10, 2022

So now is the perfect time to make sure you report in kind gift donations in compliance with GAAP standards in 2022. The changes to in kind donation reporting are specifically for organizations that follow generally accepted accounting principles (GAAP) in preparing their financial statements. Who do the changes impact?

Accounting Standards 91

Accounting Standards Accounting GAAP Nonprofit 91

The Charity CFO

OCTOBER 9, 2024

This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. The short answer: these two datasets serve different purposes. Let’s consider an example.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO Leadership

AUGUST 12, 2021

The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Duanne also developed SELF’s proprietary underwriting method based on ability to repay, designed to provide affordable, unsecured financing to low-and-moderate income populations with low credit scores. “It

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

Bramasol

SEPTEMBER 8, 2024

It marks a substantial leap forward that is built on earlier revenue management systems, such as SAP Revenue Accounting and Reporting (RAR) and SAP Automated Revenue Management (ARM). Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

SAP 64

SAP General Ledger Compliance Accounting Standards 64

The Charity CFO

JANUARY 19, 2023

Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations. In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB).

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. You need to get a better grasp of your organization’s finances now. The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. .

Nonprofit 89

Nonprofit Accounting Profit and Loss Accounts Payable 89

The Charity CFO

APRIL 13, 2023

In order to successfully manage the financial health of your nonprofit organization, here are 7 key concepts you should understand: Compliance and Audit Requirements Compliance is the act of ensuring the public that nonprofits are abiding by the rules that allow them to take advantage of tax exempt status and other financial incentives.

Nonprofit 52

Nonprofit Accounting Standards Compliance Budgeting 52

The Charity CFO

JULY 19, 2024

Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. They also help nonprofit leaders maintain compliance with legal standards and tax regulations. An accountant generally holds a bachelor’s degree in accounting or finance.

CFO 52

CFO Accounting Nonprofit General Ledger 52

The Charity CFO

APRIL 29, 2022

We won’t deal with other types of nonprofit audits , like compliance audits or governmental audits, which can differ in certain respects. Every number agrees to the relevant account balance or general ledger transaction. At The Charity CFO, we don’t perform audits, or audit-prep account cleanup for non-clients.

Nonprofit 98

Nonprofit Auditing General Ledger Reconciliations 98

Boston Startup CFO

OCTOBER 29, 2012

Your business is creating a product or service; finance is not your business. Accountant: If your financial status doesn’t warrant hiring a CFO, you still need financial support; at the very least, you’ll need help with your day-to-day accounting and regulatory compliance. Courtesy of YEC.

Startups 52

Startups Mergers and Acquisitions (M&A) GAAP CFO 52

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Technical Skills: Proficiency in financial software, accounting principles, and ERP systems is valuable.

Financial Planning and Analysis (FP&A) 59

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

Strategic Treasurer

MARCH 6, 2023

Episode 243 Becoming a Treasurer Series, Part 24: Languages of Finance: FP&A As we jump back into the Becoming a Treasurer series, we are launching a new sub-series where we will look at the “language of finance.” What are some of the different ways we look at it in finance, accounting as a view of it?

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

JULY 12, 2024

While many nonprofits start with cash-basis accounting due to its simplicity, this method often falls short of providing a comprehensive view of a nonprofit’s financial health. Transitioning to accrual-basis accounting can offer a more accurate representation of finances and enhance long-term planning. Get the free guide!

Nonprofit 52

Nonprofit Accounting Budgeting GAAP 52

The Charity CFO

JANUARY 5, 2023

Sure, your mission should be a priority, but managing finances can’t be neglected either. Without a good grasp of your finances, your nonprofit risks: Exposure to fraud. Tax issues and non-compliance with regulatory requirements. Bring GAAP compliance. Collaboration issues. Collaboration issues. A Nonprofit Budget.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

The Charity CFO

JANUARY 26, 2023

This form allows the IRS and the general public to track a nonprofit’s finances, management practices, and governance structure. Proper revenue recognition is a core accounting principle that ensures proper financial reporting, ensuring that you remain compliant and maintain donor confidence. Get the free guide!

Nonprofit 52

Nonprofit Accounting Principles Profit and Loss Auditing 52

The Charity CFO

NOVEMBER 10, 2022

Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

CFO Dive

JUNE 16, 2025

An inefficient system can lead to cost overestimation, misguided decarbonization strategies, and non-compliance issues. Enable actual supplier emissions data collection First, it’s a matter of compliance. CBAM compliance also requires the purchase, management, and surrender of CBAM certificates. You can unsubscribe at anytime.

CFO 241

CFO SAP Compliance Auditing 241