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

Centage

DECEMBER 1, 2021

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. But times have changed – which is why financial forecasting is more important than your annual budget. Executives and boards of directors need answers today to ensure they’ll stay competitive tomorrow.

Forecasting 98

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

Creative CFP

AUGUST 11, 2020

These seven core cash drivers are: Sales growth, Gross margin, Operating expenditure percentage, Accounts receivable days, Inventory days, Accounts payable days, and Net capital spending. It is a temperature check of the overall health of your business, although the numbers are just one tool in the analytical process. ?

Investments 52

Investments Accounts Payable Benchmarking Cash Flow Forecasting 52

Future CFO

DECEMBER 26, 2019

The accounting profession is going through some major changes. Small businesses now have so much choice when it comes to selecting an accounting practice, that ordinary services like compliance, tax preparation and basic bookkeeping have become commoditised. The rise of the virtual CFO The virtual CFO is a fairly new concept.

CFO 40

CFO Compliance Cash Flow Forecasting Benchmarking 40

PYMNTS

NOVEMBER 28, 2017

In today’s fast-paced business environment, the mad dash at the end of every month to close the books is hardly beneficial to today’s entrepreneur – or her accountant. “That forces the accountant to get into a phase of just trying to get it done. . “The news is about 30 days old at best.”

Financial Reporting 45

Financial Reporting Accounting Benchmarking Forecasting 45