Accounting Standards, Auditing, CFO and Communication

The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms

Accounting Firms CFO Accounting Prioritization

How to Prepare for a Financial Audit

CFO Share

NOVEMBER 15, 2023

Embarking on your first financial audit can be nerve-wracking. This article includes small business accounting tips to prepare for an audit while minimizing its expenses and findings. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) How Long Do Financial Audits Take?

Auditing

Auditing IFRS GAAP Invoicing

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Finance

Finance Accounting Auditing IFRS

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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7 Keys to Nonprofit Financial Management

The Charity CFO

APRIL 13, 2023

This is why at The Charity CFO , we strive to provide relevant resources and support to ensure that your organization runs smoothly and efficiently. Confirming an organization’s compliance can include compliance checks and/or audit requirements , but maintaining compliance is the responsibility of the organization at all times.

Nonprofit

Nonprofit Compliance Accounting Standards Budgeting

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Finance

Finance Accounting Auditing IFRS

Where Can FP&A Career Path Take You?

Fpanda Club

SEPTEMBER 2, 2021

Performance management is a range of practices which a company uses to measure its performance and communicate results. However, interpersonal and communication skills are equally important, especially today when we are witnessing a huge shift of the FP&A organization towards business partnership model.

Financial Planning and Analysis (FP&A)

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting

Outsourced bookkeeping for a nonprofit

The Charity CFO

MAY 11, 2023

Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined. You may also choose to outsource certain aspects of your accounting that may require less immediate access. Timeliness and Accessibility Access is another common fear.

Nonprofit

Nonprofit Communication Auditing GAAP

Nonprofit Accounting Services: The Right Solution

The Charity CFO

NOVEMBER 10, 2022

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. Governance issues, tight regulations, and high public accountability standards mean strong accounting practices are more important than ever.

Nonprofit

Nonprofit Accounting Auditing GAAP

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

AUGUST 15, 2023

Myth #3: Nonprofit Accounting (GAAP) and the IRS Rules are the Same Another common misconception is that GAAP and IRS rules are the same when it comes to nonprofits, however, they are not. One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990.

Nonprofit

Nonprofit Accounting Profit and Loss Budgeting

How to Properly Record Revenue for Nonprofits

The Charity CFO

DECEMBER 15, 2023

Like restricted and unrestricted funds, keeping grant and sponsorship money can save you headaches at tax time (and when communicating with donors ). Differentiating between program service fees and constrictions helps maintain clean records and can lower your risk of compliance issues if your nonprofit is audited. Get the free guide!

Nonprofit

Nonprofit Compliance CFO Valuation

Best Practices when Accounting for Grants

The Charity CFO

DECEMBER 8, 2022

The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes.

Accounting

Accounting Nonprofit Auditing Compliance

173: Michelle Pienaar

CFO Talks

APRIL 11, 2022

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. CFO Talks is a brand of the South African Institute of Business Accountants.

CFO

CFO Leadership Communication Accounting

169: Shane Leas

CFO Talks

FEBRUARY 21, 2022

Shane Leas is quite comfortable leading the finance function at large and complex organisations, and now as Group CFO at Select Africa Limited, he provides some fascinating insight to the African growth story that is microfinance. CFO Talks is a brand of the South African Institute of Business Accountants. I agree 100%.

CFO

CFO Accounting Accounting Standards Auditing

Strategic Finance Focus at Year-End

VCFO

NOVEMBER 1, 2023

Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory. Read more in our blog about Lease Accounting Updates.) audited or reviewed financial statements).

Finance

Finance Strategic Planning Auditing CFO

2020: CFOs to foster deeper collaboration and transformation

Future CFO

NOVEMBER 18, 2019

However, fundamental tasks in statutory accounts, management accounts, investments, budgeting, analysis, compliance, risk, payroll, audit, taxation and managing working capacity are very much interconnected. CFO in 2020: Influencing digital innovation. CFO as the pillar of strong culture.

CFO

CFO Finance Reconciliations Accounting Standards

Corporate Finance Brief

The Relationship Between a Fractional CFO and Your Public Accounting Firm

How to Prepare for a Financial Audit

Webinars

Trending Sources

Embracing AI in Finance and Accounting: Balancing Risk and Innovation

Webinars

7 Keys to Nonprofit Financial Management

TEST Embracing AI in Finance and Accounting: Balancing Risk and Innovation

Where Can FP&A Career Path Take You?

Outsourced bookkeeping for a nonprofit

Nonprofit Accounting Services: The Right Solution

The Complete Guide to Nonprofit Accounting Careers

How to Properly Record Revenue for Nonprofits

Best Practices when Accounting for Grants

173: Michelle Pienaar

169: Shane Leas

Strategic Finance Focus at Year-End

2020: CFOs to foster deeper collaboration and transformation

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