Centage

JANUARY 18, 2022

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy, siloed tool have become too hard to ignore. Accuracy is the critical to the budgeting and forecasting process. How valuable is my budget for managing the business next year?

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

Centage

JANUARY 9, 2024

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. It’s never a bad time to consider how to improve your overall budgeting and forecasting process.

Forecasting 40

Forecasting Budgeting General Ledger Planning 40

CFO Thought Leader

JULY 31, 2024

He also contributed to the International Public Sector Accounting Standards Board while serving as a captain in the Coast Guard, highlighting his expertise in public sector financial management. As the first active-duty military officer to serve as the global chairman of the IMA, White distinguished himself in his field.

Finance 52

Finance General Ledger Education Accounting Standards 52

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 52

Accounting GAAP Nonprofit Accounting Principles 52

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) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52