PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. listed companies since 2005, finding firms that had to reissue their financials due to errors. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S.

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Numbers Accounting Accounting Principles Corporate Finance 68

BlueLight

MAY 1, 2020

Traditionally, the chief financial officer (CFO) is responsible for tracking the company’s past and present financial situation and ensuring on-time and accurate financial reporting. Today, the CFO is expected to inform strategic decisions that drive the success of the company.

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The Charity CFO

APRIL 18, 2024

For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Consider these three tips to help you start leveraging data without compromising user data: Use cloud-based accounting and customer data software like QuickBooks Online. Get the free guide!

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BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The CFO suite doesn’t want to be the “department of No.”

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CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO News Room

DECEMBER 16, 2022

Chief Financial Officer. As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management.

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The Charity CFO

MARCH 29, 2024

It’s an essential part of nonprofit financial management for a few reasons. First, reviewing your nonprofit budget compared to actual performance helps you maintain financial transparency and accountability. Our dedicated team of nonprofit accountants can help you review your budget to actual reporting.

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Nonprofit Budgeting CFO Prioritization 52

The Charity CFO

APRIL 22, 2024

Consider financial management as an example. You might rely on your administrative team to handle all of your accounting and bookkeeping work as well. We’re happy to provide nonprofit accounting services to help take some of that stress off of your team. Do You Struggle to Make Sense of Your Financial Statements?

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Nonprofit Budgeting Concentration CFO 52

The Charity CFO

MAY 19, 2023

When strategically implemented as a part of an organization’s financial strategy and other fundamental financial requirements, cash management helps to support a holistic picture of the health and prosperity of an organization and their future abilities to maintain their mission. Get the free guide!

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CFO Simplified

MARCH 7, 2024

There are several exemptions to these new reporting requirements, including an exemption for operating businesses (i.e., accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The post What to Know About the Corporate Transparency Act appeared first on CFO Simplified.

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CFO Simplified

MARCH 7, 2024

There are several exemptions to these new reporting requirements, including an exemption for operating businesses (i.e., accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The post What to Know About the Corporate Transparency Act appeared first on CFO Simplified.

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Tax Planning Compliance Restructuring Treasury 52

The Charity CFO

APRIL 19, 2022

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 #5: No Accountant or Bookkeeper. Preferably someone with some accounting experience. Risk of defaulting on loans .

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The Charity CFO

OCTOBER 4, 2022

They also develop and implement operational procedures and systems and manage budgets and financial reports. Implement Budgets and Oversee Financial Strategy. That doesn’t mean that the operations manager needs to be an accountant. They oversee the administrative staff and make sure that the office runs smoothly.

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Future CFO

SEPTEMBER 7, 2022

The finance profession will see new roles created out of sustainability needs, said the Institute of Singapore Chartered Accountants (ISCA) recently. The CFSO could be placed above today’s CFO and CSO functions to oversee the integration of finance and sustainability into business strategy, the study report says.

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Finance Auditing Corporate Finance Accounting 52

CFO Talks

AUGUST 10, 2022

An accountant is one element of a business that you need on a daily basis’. My guest today is Thuso Marumo, he is the CFO and CEO of his own business, Thito-Thuo Consulting, based in Kroonstad, it is a firm which offers a range of professional accounting and tax services, especially to small and medium-size businesses.

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Auditing CFO Compliance Accounting 52

https://trustedcfosolutions.com/feed/

SEPTEMBER 20, 2021

Imagine a world where financial reports are delivered in real-time without your direct involvement and you stop working late nights, weekends, and during your family vacations? As the CFO or Venture Capitalist of a Private Equity Fund, you may already have an ERP system in place.

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Technology CFO Accounting Auditing 52

PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. But Born said the human element is the key that’s often missing in these innovations to corporate financial reporting.

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Financial Data Auditing Financial Reporting CFO 52

CFO Talks

FEBRUARY 20, 2024

Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategic planning, shared his journey, beginning with his entrepreneurial family background. Farhaan : Mornin g, Nicola a s !

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The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services.

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Nonprofit Accounting CFO Auditing 52

The Charity CFO

APRIL 28, 2023

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. However, managing grant funds can be complex and time-consuming.

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The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. So you can understand what’s happening in your business and communicate effectively with your board members, donors, and financial team. with this overview of nonprofit accounting basics. . It’s a necessity.

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Nonprofit Accounting Profit and Loss Accounts Payable 98

The Charity CFO

DECEMBER 22, 2021

Ever wondered why so many nonprofits are stuck in their financial struggles that they end up failing their communities? Chyla is the Founder and CEO of CNRG Accounting Advisory. She helps nonprofits get financially established so they can achieve their goals. Want to make sure your nonprofit doesn’t suffer the same fate?

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