The Charity CFO

APRIL 2, 2024

Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization. That’s why you need a strong accounting partner who specializes in nonprofits.

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The Charity CFO

JULY 1, 2024

Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors. Technology is one of the most important tools in modern nonprofit accounting.

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Future CFO

JANUARY 21, 2024

In Singapore, for example, the shortage of accounting staff is most felt by small accounting firms that struggle to compete with the Big Four accounting firms. Accountants are dedicated to their duty, which they show by working extra hours and weekends when needed to meet reporting deadlines.

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CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration. They must also help customers understand their coverage, file claims, and manage their accounts.

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Future CFO

DECEMBER 20, 2023

Accounting professionals are often tangled within intricate financial landscapes, working against tight deadlines and managing complex regulations. The distinct stressors accountants face stem from cyclic nature of peak periods, such as tax seasons, which intensify the workload, leading to increased stress. Self-regulation. Motivation.

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Future CFO

FEBRUARY 23, 2023

Auditing and accounting talent shortage continue to make employers toss and turn, according to a global survey of more than 4,100 accountants and 2,300 auditors. When it comes to talent retention, more than 85% of accountants and 90% of auditors said it is either somewhat or extremely difficult.

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The Charity CFO

APRIL 26, 2024

The right accountant can be the difference between an efficient accounting process and a total mess. That’s why it’s so important to know what to look for in a nonprofit accountant. So what happens after you’ve found a few firms that offer the services you need? How Do You Approach Financial Reporting for Nonprofits?

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Nonprofit Accounting Profit and Loss Communication 52

Boston Startup CFO

MAY 9, 2016

Among the top 10% of jobs most likely to be automated: insurance underwriters, tax preparers, loan officers, credit analysts, and accounting professionals. These are precisely the kinds of areas that great human accounting professionals are ideally suited to address. In some ways, it’s already happening.

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PYMNTS

JUNE 19, 2019

Aprio Cloud and Jirav are teaming up to develop small business accounting solutions aimed at providing real-time data visibility to small and medium-sized businesses (SMBs) and their advisors. “As accountants and advisors, we can’t just show clients where they’ve been. Phillips in a statement.

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The Charity CFO

AUGUST 15, 2023

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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The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Instead of slow, paper-driven, backward-looking accounting, these organizations are moving quickly through digital integrations allowing them to focus on their core responsibilities. What is the actual goal in a nonprofit accounting setup?

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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. One of the main differences between for-profit and nonprofit accounting is that much of your cash may have restrictions placed on it by your donors.

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CFO Talks

OCTOBER 10, 2024

Cross-Reference with Accounting Weekly Interestingly, this trend aligns with a broader shift in the financial services industry. Accounting Weekly reports that many accounting firms are also turning to outsourced talent to handle complex client needs as businesses outgrow traditional services​( Accounting Weekly )​( Accounting Weekly ).

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CFO Thought Leader

OCTOBER 2, 2024

It wasn’t long after Laura LaPeer left public accounting to climb the corporate career ladder that she encountered her first delicate challenge as a controller. The head of finance for the acquired firm struggled to present the information clearly, while the new owners shifted uneasily in their seats.

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PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

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Numbers Accounting CFO Financial Analysis 61

Future CFO

MAY 5, 2025

Iris Goh , director, talent at Forvis Mazars Singapore , observes that accounting and finance professionals are evolving beyond traditional functions to deliver deeper insights, strategic perspectives, and data-driven analysis that support business decision-making. The finance function is no longer just about crunching numbers.

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PYMNTS

JULY 27, 2016

Manual data entry into spreadsheets is an outdated process for small business accounting and financial management, yet remains commonplace. SME accounting firm Sage looks to reduce the use of spreadsheets, but on Tuesday (July 26), the firm took its battle against the legacy tool a step further.

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The Charity CFO

JULY 2, 2024

Implementing financial management software: Accounting and financial software tools, like QuickBooks , streamline accounting, bookkeeping, and financial reporting. At the Charity CFO, for example, we help nonprofits improve efficiencies through expert accounting and financial advice.

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The Finance Weekly

APRIL 5, 2022

A big part of these changes is increased communication between technology teams and other business departments. However, one department seems to lag behind when it comes to communication procedures: the finance department. For finance teams this is more true than ever, and the recent market volatility has exasperated this issue.

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Future CFO

JULY 10, 2023

The need of talent cultivation has driven the Institute of Singapore Chartered Accountants to launch the ISCA Global Talent Programme, the first of its kind for the island state’s professional services sector. ISCA said it will support the students’ expenses on this week-long programme with a $1 million allocated fund.

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The Charity CFO

APRIL 22, 2024

You can do this by promoting open communication and transparency throughout your nonprofit. In addition to communication, you can help reduce burnout by prioritizing employee wellness and mental health. You might rely on your administrative team to handle all of your accounting and bookkeeping work as well.

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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. The nature of financial reporting is to communicate facts aggregated using accounting rules. These facts can be audited back to the source.

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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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CFO Talks

OCTOBER 10, 2022

CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. and join our community of accounting and finance executives. Go to www.cfoclub.co.za I only came to South Africa in 2009.

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PYMNTS

AUGUST 10, 2018

A week of more than $200 million for B2B FinTech firms across the globe shows that venture capitalists’ support for the space continues. Asia-Pacific and North American startups took the lead this week, with funding going to small business (SMB) accounting, payroll, B2B eCommerce and cybersecurity firms — just to name a few.

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Future CFO

MAY 19, 2020

Leveraging automation to complement an existing finance and accounting workflow, scaling to meet the needs of accounting firms, regardless of size and finance departments in organisations, results in bridging automation gaps in finance and accounting processes, which leads to organisational growth.

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PYMNTS

MARCH 28, 2016

While Fonterra Chairman John Wilson said that the policy should have been communicated to its partners more clearly, the company does not plan on changing payment terms. 51 percent of firms aren’t actively reducing their paper check volumes , declared the latest research from AP Now. That’s not exactly impressive.

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Invoicing B2B Accounting Firms Communication 42

The CFO College

MAY 12, 2021

5 Reasons Why Your Remote Bookkeeping Firm Isn’t as Successful as You’d Hoped. Even though working remotely as your own boss is the dream of many bookkeepers and accountants, it’s too easy to find yourself struggling to make ends meet, hunting down payment from clients, and settling for any client who throws work at you.

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PYMNTS

JANUARY 19, 2018

Recent research from Australian small business accounting firm Xero and payments company American Express explored just how big of a stressor late invoice payments are on Australian companies. But the late B2B payments problem is a global one, and while the U.K.

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Barry Ritholtz

FEBRUARY 12, 2024

That explaining that process and communication to people built confidence. What happened with the SEC was last year there was a story that there was a whistleblower who sent a letter to the SEC said, there’s massive accounting fraud at Tesla and I have 20,000 documents I’d love to show you. 00:36:58 [Speaker Changed] Wow.

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CFO News Room

NOVEMBER 15, 2022

And so, what we did, and I guess the advantage of being with a broker-dealer is those are now Commonwealth house accounts. Just they’re Commonwealth house accounts, so that slice of what was 6% of revenue, it goes to them. They’re just handling the existing house accounts that are there. Author: Michael Kitces.

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CFO News Room

NOVEMBER 30, 2022

Having a framework for the types of advice to give and for the language to use when communicating strategies to clients can reduce the confusion of being obliged to provide guidance on taxes while being prohibited from giving actual tax advice. Affects how much can be saved to pre- and after-tax accounts ! Credit card rewards ?

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Tax Planning Compliance Planning Communication 130

CFO Talks

JANUARY 27, 2025

Stakeholder Engagement: Effectively communicating ESG efforts to investors, regulators, and other stakeholders is crucial for building trust and securing support. And before I give you a chance, a little bit about CFO Club, it’s a division of CIBA, the Chartered Institute for Business Accountants. o.za , or find us on LinkedIn.

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Global Finance

OCTOBER 10, 2024

The current account deficit fell to 3.7% The CBJ plans to increase financial inclusion to 65% from 43% and boost account ownership among small and medium businesses to 75% from 52%. The last few years, local lenders have imposed informal capital controls, drastically restricting clients’ operations and access to savings accounts.

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The Charity CFO

JANUARY 19, 2022

For more nonprofit accounting resources check out www.thecharitycfo.com. You’re getting frustrated, the communication breaks down. So you have the development department and then you have the accounting department and then you have the program team and sometimes an organization have, might have multiple programs.

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Barry Ritholtz

JULY 18, 2023

You start out spending five years at Ernst & Young doing hedge fund accounting. WAGNER: Yeah, I started as a certified public accountant and one of the early engagements that I was tasked with was in the space of asset management and I recall doing the audit on Jeffrey Vinik’s very first year as a hedge fund manager.

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Barry Ritholtz

AUGUST 23, 2022

I take him through the presentation and he’s not a very sort of friendly or communicative guy and he just stares blankly to me as I’m going through this presentation and the halfway through the presentation, he just gets up and leaves. I go over to Salomon. I sit down with this guy.

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