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7 Questions to Ask a Nonprofit Accountant

The Charity CFO

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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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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Audit: Wirecard’s Payments, Card Issuance Businesses Have Been Bleeding Cash For Years

PYMNTS

The German payment processing company’s operating performance in Europe and the Americas was far worse than previously known, according to a report from KPMG, the Netherlands-based global accounting firm, obtained by the newspaper. But such profits did not exist, the Times reported. million) in 2017, the KPMG report revealed.

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. with this overview of nonprofit accounting basics. . What is nonprofit accounting? Investopedia defines accounting as “the process of recording financial transactions pertaining to a business.” .

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How SMBs’ Manual Processes Cost Economies Billions In Lost Growth

PYMNTS

But a new report from cloud accounting firm Sage has put a price tag on this burden: a whopping $600 billion for firms across the globe. is accounting, which comprises nearly a quarter of all administrative tasks. Manual processes are expensive for small businesses, in both time and money. Canada, U.K. Canada, U.K.

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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

“The reality is 99 percent of banks don’t want to mess with them, [because] there’s a lot of internal compliance if you’re going to serve the cannabis industry,” noted Jim Marty of Bridge West CPAs, a Colorado accounting firm that represents roughly 250 cannabis businesses and license holders nationwide.

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Transcript: Tom Wagner, Knighthead Capital

Barry Ritholtz

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.