Bramasol

MAY 13, 2024

Overview of the PCAOB and AICPA The Public Company Accounting Oversight Board (PCAOB) is a regulatory body established by the Sarbanes-Oxley Act of 2002 in response to corporate accounting scandals like Enron and WorldCom.

Auditing 90

Auditing Compliance SAP Accounting Standards 90

The Charity CFO

APRIL 13, 2023

Accounting Standards In the United States, all organizations must adhere to the Generally Accepted Accounting Principles (GAAP). For nonprofits, however, there is an additional and specific set of standards that organizations must follow, as set out by the FASB 117. Reach out to us here for a free consultation.

Nonprofit 52

Nonprofit Compliance Accounting Standards Budgeting 52

CFO Leadership

OCTOBER 10, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Finance 95

Finance Accounting Auditing IFRS 95

The Charity CFO

NOVEMBER 30, 2023

Revenue recognition is even more complicated than ever thanks to the changes in how FASB (Financial Accounting Standards Board) now requires nonprofits to record donations. Do You Struggle to Make Sense of Your Financial Statements? These penalties can be crushing for nonprofits. Get the free guide!

Nonprofit 52

Nonprofit Auditing Compliance Education 52

CFO Leadership

OCTOBER 18, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.),

Finance 52

Finance Accounting Auditing IFRS 52

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. 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.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

JANUARY 21, 2022

Most not-for-profit organizations and entities–like 501(c)(3) charities, churches, religious institutions, government agencies, nonprofit nursing homes and hospitals, and educational institutions– are required to use fund accounting. If you’re looking for info on fund accounting in government here is a great resource for you.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98