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 98

Accounting Standards Accounting GAAP Nonprofit 98

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

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

CFO News Room

NOVEMBER 2, 2022

Along with renewing their registration annually (for both SEC- and state-registered firms), firms face a variety of requirements related to their internal finances, fees, marketing activities, and advisor agreements depending on whether they are SEC- or state-registered. Compliance policies and procedures manual. Author: Chris Stanley.

Compliance 130

Compliance GAAP Investments Advertising 130

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

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

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 105

Nonprofit Auditing General Ledger Reconciliations 105

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) CFO GAAP 52

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles 85

Accounting Principles IFRS SAP Accounting 85

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 98

Nonprofit Accounting Profit and Loss Accounts Payable 98