The Charity CFO

DECEMBER 30, 2021

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.

Nonprofit 84

Nonprofit Auditing GAAP Accounting Principles 84

CFO Talks

JUNE 3, 2025

He instructs his managers to spend no more than 10 percent of their time on accounting and the rest interpreting what the numbers mean. The United Kingdoms National Audit Office has advised public entities to adopt rolling forecasts and scenario-based planning, particularly in uncertain environments. His track record speaks for itself.

Leadership 52

Leadership CFO Finance Auditing 52

The Charity CFO

MARCH 16, 2022

Today we’re proud to announce another amazing addition to the industry’s best nonprofit accounting team! Theresa Guest is joining The Charity CFO team in the role of Accounting Manager. Don't hire the wrong accountant for your nonprofit! We couldn’t be happier to welcome Theresa to our team! Get the free guide!

CFO 98

CFO Accounting Nonprofit Auditing 98

The Charity CFO

MARCH 13, 2025

Government regulations are tightening, and donors are demanding more accountability. This ensures accountability and makes audits or donor inquiries easier to manage. Master Your Budgeting Process Know exactly what your grants and funding coverand what they dont. The bottom line?

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

The Charity CFO

APRIL 1, 2025

Its not just about clean books or audit prep. WHY WE CREATED THE CHARITY CFO FINANCIAL BLUEPRINT Over the years, our team of nonprofit accounting and CFO professionals has developed a deep understanding of the patterns behind nonprofit financial successand failure.

Nonprofit 80

Nonprofit CFO Leadership Cash Flow Forecasting 80

The Charity CFO

APRIL 5, 2022

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.

Nonprofit 86

Nonprofit Accounting GAAP Auditing 86

Centage

JULY 25, 2023

Businesses across numerous industries use Microsoft Excel spreadsheets to accomplish a wide range of tasks, including bookkeeping, accounting, and project management. For many business owners, automated software outperforms conventional Excel spreadsheets for several accounting tasks, especially for emerging and growing businesses.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

E78 Partners

NOVEMBER 22, 2024

Effective technology expense management is essential for companies looking to optimize budgets and stay competitive in today’s fast-paced digital landscape. Businesses must manage their technology expenses effectively to optimize their budget and ensure efficient resource utilization.

Technology 59

Technology Budgeting Forecasting Investments 59

CFO Talks

MAY 29, 2025

Its not just about avoiding penalties or surviving the audit. This might show up as inconsistent treatment of leases, delayed revenue recognition, or gaps in how subsidiaries apply group accounting policies. Adjustments are made late in the process to get the numbers right, but the audit trail is messy or missing.

IFRS 52

IFRS Compliance Auditing CFO 52

The Charity CFO

DECEMBER 18, 2024

Organizations that expend over $750,000 in federal funds (increasing to $1 million in 2025) are subject to a single audit. This audit goes beyond typical financial audits and examines programmatic compliance as well. Are you ready to expand? Federal funding can provide valuable resources for nonprofits to expand their impact.

Nonprofit 52

Nonprofit Auditing Compliance Budgeting 52

Beacon CFO Plus

JUNE 4, 2025

Do you need someone to: Improve budgeting and forecasting? Build out your accounting infrastructure? Best for: Financial reviews or audits One-time funding events Short-term consulting 2. Pricing varies based on scope but allows for predictable budgeting. Prepare for investor meetings or a loan?

CFO 52

CFO Budgeting Forecasting Auditing 52

E78 Partners

SEPTEMBER 28, 2023

Today’s business environment is experiencing a notable deficit in skilled talent in the finance and accounting sectors, prompted by a transformation in professionals’ priorities. This is contributing to one of the most competitive finance and accounting talent markets in over a decade.

Auditing 59

Auditing Budgeting Marketing Leverage 59

CFO Strategic Partners

MARCH 28, 2025

With the restructuring and rebrand, Acclarity will come together as a single, nationwide entity of more than 300 employees and contractors, focused on delivering accounting services to large and emerging-growth companies. Tracey Holecek is a dynamic CPA with business, accounting, auditing, and finance expertise.

Auditing 52

Auditing Leadership CFO Compliance 52

Generation CFO

FEBRUARY 4, 2022

Josh, former auditor at the National Audit Office and former management finance professional at environmental leadership group C40, is big on change – but not the sudden, dramatic kind. . We’ve successfully implemented a new reporting, budgeting & forecasting tool and are now looking at the next systems change.” . Contact Us.

Financial Systems 233

Financial Systems Finance Auditing Accounting 233

E78 Partners

DECEMBER 20, 2024

Effective cloud cost management ensures that every dollar aligns with your strategic goals, enabling better governance, greater accountability, and measurable results. Enable predictive analytics to anticipate future spending needs and align budgets accordingly. This creates transparency and simplifies accountability across teams.

Cost Management 52

Cost Management Budgeting Leverage Auditing 52

The Charity CFO

JANUARY 17, 2022

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.” .

Nonprofit 89

Nonprofit Accounting Profit and Loss Accounts Payable 89

The Charity CFO

JANUARY 21, 2022

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? .

Nonprofit 92

Nonprofit Accounting GAAP Accounting Principles 92

CFO Talks

JUNE 10, 2025

You may be technically excellent, have a sharp grasp of reporting standards, and maintain control of every budget, but if your ability to lead and think does not extend to your team, you are leaving the business exposed. They can reconcile accounts, update forecasts, and manage audit schedules. Mentoring is Not a Soft Skill.

Auditing 52

Auditing CFO Finance Leadership 52

Collectiv

MAY 19, 2025

Budget submissions come in by email. It puts forecasting capabilities in the hands of sales managers, budget owners, and department leadswithout requiring them to learn DAX or navigate a planning system built for analysts. Fix: Use Entraroles, row-level security, and audit trails to keep things safe and traceable. The impact?

Forecasting 52

Forecasting Planning Budgeting Auditing 52

CFO Talks

APRIL 8, 2025

Members Profile: Julius Katanaka In this edition of our CFO Spotlight series, we feature Julius Katanaka, Head of Finance at Wazalendo SACCO Ltd, a seasoned finance professional with a strong accounting and strategic financial management background. My passion for numbers and the accounting profession motivated me to join finance.

CFO 52

CFO Leadership Auditing Finance 52

Future CFO

JUNE 24, 2024

The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. Yes, in the sense that there are a lot of analyses that can now be handled by Gen AI and No, because it transforms accountants from number crunchers to strategic advisors.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

CFO Talks

NOVEMBER 21, 2024

I then applied for a Junior Accountant position and pursued further studies to support that career shift. For a newly qualified accountant aiming to become a CFO, there are several key skills that are essential to develop. My career began as an admin clerk and bookkeeper, roles that left me feeling unfulfilled.

CFO 98

CFO Leadership Communication Problem Solving 98

CFO Talks

MARCH 13, 2025

These systems automatically flag discrepancies, reducing the chance of financial penalties and improving audit readiness. This means decisions can be made quickly, without waiting for accountants to prepare reports. Empowering Non-Financial Managers In the past, financial data was only accessible to accountants and finance teams.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

E78 Partners

FEBRUARY 10, 2025

With our expertise in technology expense management (TEM) , we empower organizations to control budgets, ensure compliance, and optimize technology investments. For businesses managing complex accounting processes tied to software expenses, E78s technical accounting services provide invaluable insights and support.

Compliance 52

Compliance Budgeting Cost Management Leverage 52

Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. While there are many alternatives to spreadsheets, some organizations still consider them an important part of their accounting procedures.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

The Charity CFO

MAY 18, 2022

But when public funds are at risk (in the form of donations and grants ) an accountability system must be employed to ensure funds are used appropriately. The board of directors is the core element of this accountability system. Your board should be involved in reviewing and approving the annual operating budget. Compliance.

Nonprofit 98

Nonprofit Auditing Compliance Budgeting 98

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

Accounting 77

Accounting Accounting Firms Auditing Budgeting 77

The Charity CFO

AUGUST 23, 2024

Download the Article For nonprofits, audits are more than just a regulatory requirement–they’re a tool for safeguarding the organization’s mission and financial health. An audit helps improve an organization’s financial transparency, builds donor trust, and ensures compliance with regulations. Why is Your Nonprofit Being Audited?

Nonprofit 52

Nonprofit Auditing Compliance CFO 52

CFO Thought Leader

DECEMBER 10, 2024

Precision involves rigorous financial processesclean audits, timely closes, and granular understanding of key metrics. Develops and mentors high-performing teams, fostering a culture of continuous learning and accountability. Read More Now, at Cribl, Johnson applies his three Ps to ensure a sustainable, value-driven path forward.

CFO 52

CFO Leadership Prioritization Auditing 52

The Charity CFO

FEBRUARY 27, 2024

Budget tracking is the process of monitoring your nonprofit’s income and expenses to ensure they stay within your planned budget. Effective budget tracking is essential to financial transparency, efficient resource allocation, and strategic planning for your nonprofit. But your budget shouldn’t be a “set it and forget it” plan.

Nonprofit 52

Nonprofit Budgeting Profit and Loss CFO 52

CFO Talks

MARCH 26, 2025

You dont need a big budget to build a strong employer brand. And in a world where financial scrutiny is rising from every angle SARS, audit committees, regulators, boards the strength of your team is a strategic asset. When your junior accountant tells her friend, They really invest in us here.

Finance 52

Finance Leadership Auditing Compliance 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. Grant Accounting Many nonprofit organizations rely on grants to fund their programs and services.

Nonprofit 52

Nonprofit Accounting Firms Accounting Auditing 52

The CFO College

AUGUST 31, 2021

As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. You may hear some accounting professionals talk about horror stories related to startups. Help your startup clients stay cash flow positive with good budgeting and planning services.

Startups 81

Startups Accounting General Ledger Forecasting 81

The Charity CFO

OCTOBER 28, 2024

While in the nonprofit world, accounting is often the focus of this podcast and its importance around issues of compliance and legal issues – HR also brings its own set of regulations. Investing in Employee Development Despite budget constraints, Tiffany emphasized the importance of investing in employee development.

Nonprofit 59

Nonprofit Budgeting Compliance Prioritization 59

The Charity CFO

FEBRUARY 8, 2024

Does the idea of a financial audit on your nonprofit leave you feeling nervous? For many nonprofits, a full financial audit can help ensure the accuracy of their financial recordkeeping. Luckily, not all financial situations require an audit. In some cases, a state may have no requirement for an audit.

Auditing 52

Auditing Nonprofit Compliance CFO 52

CFO Strategic Partners

APRIL 14, 2025

Spend – Do you have a well-developed budget that directs your spending every month? Effective budgeting requires you to get cozy with key data points like year-over-year trends, fixed and variable expenses, profit margins, cash flow data, sales numbers, and departmental needs. Latest insights Leadership 05.29.25

Mergers and Acquisitions (M&A) 40

Mergers and Acquisitions (M&A) Leadership Auditing Valuation 40

CFO News Room

DECEMBER 16, 2022

The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Senior Accountants. Insurance Advisor. Investment Banker.

Finance 130

Finance Budgeting Financial Analyst Compliance 130