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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.

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The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

Myths of Nonprofit Accounting and Why They Matter to Job Seekers Unfortunately, many job seekers fall victim to the stereotypes and believe the myths surrounding nonprofit accounting. In this section, we will debunk the three most common nonprofit accounting myths. Ready to dive deep into this exciting realm?

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5 Challenges Nonprofits Face in 2024

The Charity CFO

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. Audit and adjust technology and data practices based on current cybersecurity best practices. 2024 will be no different.

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Top 5 Nonprofit Financial Red Flags According to a CPA

The Charity CFO

In our experience, nonprofits with little in reserve and/or low cash balances tend to have financial management challenges, often including: Poor collection of accounts or pledges receivable. Red Flag #2: Hidden Compliance Issues. But they often overlook compliance or regulatory issues that could be much bigger problems.

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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

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12 Best Paying Jobs in Finance in 2023

CFO News Room

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Senior Accountants. Average salary: $114,832 per year.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.