The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Benefits of Nonprofit Accounting Services. Nonprofit organizations exist to further a mission or goal.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

CFO Share

NOVEMBER 11, 2023

Amortization of intangible assets is a routine accounting procedure, not a strategic focus for small businesses. Instead, they are created as an accounting “plug” to facilitate double-entry bookkeeping standards. This is tracked in an amortization schedule and maintained by your internal accountants.

GAAP 52

GAAP Accounting Standards Strategic Planning Compliance 52

BlueLight

JULY 30, 2020

The CFO role has evolved into a highly strategic role but needs a robust system to handle the day-to-day reporting tasks and generate accurate financial information. My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office.

CFO 52

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

VCFO

NOVEMBER 1, 2023

These actions might include: A blitz on collection of past due receivables to reduce cash tied up in past due accounts, reduce bad debt exposure and improve DSO (days sales outstanding – a metric often scrutinized by lenders). Read more in our blog about Lease Accounting Updates.) It is important to ensure that is happening.

Finance 91

Finance Strategic Planning Auditing CFO 91