The Charity CFO

OCTOBER 9, 2024

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Accounting rules suggest (and your auditors would require) that this gift be made in writing. The verbal pledge does not meet accounting standards, so it should not be included in your accounting database.

Accounting

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

Financial Planning and Analysis (FP&A)

The Finance Weekly

OCTOBER 31, 2021

Many of the same issues that private-sector businesses face, such as raising revenue and managing budgets, apply. Master the basics of accounting. Standard accounting and financial management might be complex for nonprofits. However, financial planning for non-profits has its own set of challenges.

Planning

CFO Talks

DECEMBER 26, 2021

After a year I was promoted to the CFO of the organisation, a very CFO/COO role and really spearheading the finance functions, the insurance, procurement, logistics, taxation, budgeting, controlling. You have to know the business operations, you have to know stress testing and budgeting and all of these things. CIARAN RYAN: Indeed.

Manufacturing

BlueLight

JULY 30, 2020

Rather, our job is to provide a framework for the department managers to think about their own budget.” “It These are complex questions to answer and few companies would have an in-house expert on this subject, especially in light of the new accounting rule for revenue recognition. This task falls to the finance leader.” “The

CFO