CFO Dive

MAY 12, 2022

The board is getting serious about improving accounting standards for digital assets even as a crypto market slump is hammering valuations.

Prioritization 216

Prioritization Accounting Standards Valuation Accounting 216

Beacon CFO Plus

NOVEMBER 30, 2023

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.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. Orientation and Training: Provide management with detailed training on acquisition-related accounting topics that impact financial reporting and the audit process.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

CFO Share

APRIL 3, 2024

Your bookkeeper should be someone who meets deadlines and maintains the highest standards of accuracy and professionalism, even during the busiest times. Discuss their approach to managing high-volume work periods and how they prioritize tasks. Income tax agencies offer cheap bookkeeping to keep staff busy in the off-season.

Communication 52

Communication Prioritization Accounting Standards Financial Reporting 52

The Charity CFO

JANUARY 21, 2022

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

The Charity CFO

AUGUST 15, 2023

Accountants typically work closely with external auditors during the annual audit process. This ensures all of the financial statements are accurate and meet accounting standards. Nonprofit Expertise is Crucial The roles of an accountant are essential to keep a nonprofit moving towards its mission.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Spreadym

JUNE 27, 2023

By forecasting revenues and expenses, and creating budgets, organizations can prioritize investments, set realistic targets, and optimize resource allocation across departments or business units. Resource Allocation: Financial Planning and Analysis helps organizations allocate their resources effectively.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52