Remove Accounting Standards Remove Finance Remove GAAP Remove Strategic Planning
article thumbnail

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.

Finance 89
article thumbnail

Nonprofit Accounting Services: The Right Solution

The Charity CFO

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. Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting.

article thumbnail

Best Practices from the CFO Suite

BlueLight

My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office. I interviewed 50 people that held CFO, finance manager, and financial analyst type roles. The following are select responses from the finance leaders.

CFO 52