Remove Accounting Standards Remove Financial Data Remove Financial Reporting Remove Prioritization
article thumbnail

The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

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.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

Financial Analysis: FP&A professionals conduct in-depth analysis of financial data to assess the organization's performance and identify areas for improvement. This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios.

article thumbnail

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

To support and maintain the organization’s tax-exempt status, nonprofit accountants have to understand and adhere to IRS rules for: Tax-exempt organizations Reporting requirements Maintaining proper documentation Reporting Financial reports and statements provide a transparent view of the organization’s financial performance.