E78 Partners
FEBRUARY 10, 2024
With IT spending on an upward trajectory, Chief Information Officers (CIOs) are constantly exploring ways to manage rising IT costs effectively without compromising on the quality of services they deliver. Growing IT Spending As technology plays an increasingly pivotal role in business, IT budgets continue to grow.
The Charity CFO
MARCH 23, 2023
Nonprofit accounting financial statements may seem like a chore. Here are the main nonprofit accounting financial statements: Statement of activities Statement of financial position Statement of cash flows Statement of functional expenses Let’s take a closer look at each. Need help with nonprofit accounting financial statements?
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Future CFO
JANUARY 8, 2024
To effectively manage cloud costs, finance leaders need to take a proactive approach and establish robust cost management practices. Cloud cost management involves analysing and optimising cloud spend to ensure that organisations are getting the most value for their investment.
CFO Share
NOVEMBER 21, 2023
In the world of business finance, the terms “Cost of Sales” (COS) and “Cost of Goods Sold” (COGS) are often confused. Though they may sound similar, understanding their distinct meanings is beneficial for any business owner or manager. Is cost of goods sold a debit or credit?
The Finance Weekly
NOVEMBER 27, 2023
Accounts Receivable Turnover Ratio Your accounts receivable turnover ratio indicates how efficiently you collect cash from credit sales. Calculation: Net credit sales ÷ average accounts receivable = Accounts Receivable Turnover Ratio 5. These expenses may include miscellaneous office costs that can impact your profits.
The Charity CFO
JUNE 7, 2023
This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. Evaluating Expenses : Evaluate the expenses incurred by the nonprofit, such as program expenses, administrative costs, fundraising expenses, etc. accounts payable, loans).
Future CFO
JANUARY 19, 2022
A quarter of the respondents (25%) have changed and increased their expected salary increase budgets for 2022 from the original projections made in July last year. Companies in APAC are now budgeting an overall average increase of 5.08% for executives, management and professional employees, and support staff this year.
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