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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

These experiences introduced me to the broader business world and significantly accelerated my career. Following my articles, I moved into the corporate sector as a Group Accountant at Datacentrix, gaining insight into private sector finance. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

CFO
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Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

If you’re like many people, you probably think that there is a single set of accounting rules that every company must follow. . But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting.

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Fund Accounting for Nonprofits & Charities

The Charity CFO

And the issue of restricted funds presents unique bookkeeping and accounting challenges for a nonprofit that a for-profit company doesn’t face. This accounting system is called fund accounting. This accounting system is called fund accounting. Who’s Required to Use Fund Accounting? .

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Stanley Black & Decker Names Fortune Brands Executive as CFO

CFO News Room

Stanley Black & Decker, which was able to carry out a $290 million inventory reduction in the quarter, cut its annual guidance for diluted earnings per share under generally accepted accounting principles to between 10 cents and 80 cents per share from a range of 80 cents to $2.05

CFO
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Types of Financial Models for Greater Business Development

Spreadym

Remember that financial modeling requires a solid understanding of financial concepts, accounting principles, and industry-specific knowledge. They consider project-specific factors, such as construction costs, operating expenses, revenue streams, financing structures, and cash flow projections over the project's life cycle.

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How to create & use pro forma statements

Cube Software

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. Pro forma statements are also used to secure financing.