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Best Practices from the CFO Suite

BlueLight

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. Their titles include CEO, CTO, COO, CFO, and VP of Finance of venture-backed startups.

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What is Amortization of Intangible assets?

CFO Share

It’s also outside the management’s control, set by accounting standards rather than business decisions. For small business owners, the key takeaway is that while amortization of intangible assets is part of accounting compliance, it shouldn’t be a priority in your strategic planning or financial decision-making.

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Nonprofit Accounting Services: The Right Solution

The Charity CFO

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. Get the free guide!

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Where Can FP&A Career Path Take You?

Fpanda Club

FP&A directors can often boast of a considerable track record in financial planning and analysis, also they understand very well the finance function in general and the business model of the company, which leads them to the next step of their careers as Chief financial officer (CFO).

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Lease Accounting Updates that May Impact Your Business

VCFO

ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). These impacts will include major changes to accounting practices and financial reporting, as well as increased scrutiny of contracts, service agreements, and all leases starting now and moving forward.

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166: Nicolaas van Wyk

CFO Talks

SAIBA’s CEO, Nicolaas van Wyk, provides interesting feedback from the recent CFO World Congress in Mexico, how developments at COP26 will soon change a CFO’s reporting obligations, and the trends for CFOs going into 2022. CFO Talks is a brand of the South African Institute of Business Accountants.

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Strategic Finance Focus at Year-End

VCFO

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. It is critical to engage in strategic planning for the year ahead. It is important to ensure that is happening.

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