The Charity CFO

APRIL 20, 2023

How can nonprofit accounting software help your organization with efficiency? In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance. For-profit companies have long used accounting software to track their financial transactions and monitor their bottom lines.

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

CFO Share

AUGUST 5, 2021

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Proper cannabis accounting must recognize these costs on regular financial statements to comply with 280E tax code. What is IRS section 280E?

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

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. More than half (57%) are producing P&L forecasts more often than monthly. Watch Demo.

Forecasting 98

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

Centage

JANUARY 3, 2024

As we ring in a new year and brace for all of the opportunities and challenges it will bring, one resolution should be near the top of the list for finance professionals: embracing flexible financial forecasting to future-proof your annual budget. Financial forecasting gives businesses the agility to adapt to changing conditions.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting General Ledger 52

CFO Leadership

OCTOBER 10, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Finance 95

Finance Accounting Auditing IFRS 95

CFO Share

MAY 22, 2024

Consistent financial reporting is critical for business management. These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. What is a Financial Statement? Investors won’t have confidence in your business.

Profit and Loss 105

Profit and Loss General Ledger Accounting Financial Reporting 105

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

CFO Share

MARCH 23, 2021

A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months.

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting Cash Flow Forecasting 52

The Charity CFO

OCTOBER 9, 2023

However, that’s not the case with an organization’s accounting systems. Let’s take a closer look at nonprofit accounting systems, the most frequent mistakes, and how to avoid trouble down the road. It’s vital to get these right from the beginning or risk serious consequences in the future.

Nonprofit 59

Nonprofit Accounting Profit and Loss Compliance 59

Centage

JANUARY 4, 2022

Part of that effort requires a deep dive into the overall financial health of your organization. That includes analyzing key financial metrics as part of the financial reporting and analysis process to see where you are today to determine where you want to be tomorrow (and how to get there!). Don’t overshoot.

Financial Reporting 94

Financial Reporting Budgeting Accounts Payable Benchmarking 94

CFO Simplified

FEBRUARY 17, 2022

The business’ part-time CFO was providing financials that didn’t match the reports they received from their accountant. Develop a cash-flow forecast so that the company could understand cash availability and plan on payments to their vendors and the primary lender. Financial Reporting. Initial contact –.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

PYMNTS

JUNE 11, 2020

With market volatility and economic pressure higher than it has been in more than a decade, the ways businesses manage and account for their money is inevitably included in that wave of operational change. That means significant implications for the ways accountants and auditors operate both within an enterprise and externally from it.

Economics 77

Economics Accounting Auditing Forecasting 77

CFO Leadership

OCTOBER 18, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Finance 52

Finance Accounting Auditing IFRS 52

Jedox Finance

AUGUST 10, 2022

Cash accounting refers to an accounting method where payments and expenses are recorded when cash enters or leaves the business. This is in contrast with accrual accounting , which reports revenue and expenses when it is earned, or occurs instead of when payment is received or paid. Why pay attention to cash flow?

Forecasting 52

Forecasting Profit and Loss CFO Finance 52

Planful

JULY 25, 2017

It could be because your team lacks crucial financial reporting and analysis capabilities that help track key business metrics and trends. So, what exactly is financial reporting and why is it vital? Key Types of Financial Reports. Importance of Financial Reporting.

Financial Reporting 40

Financial Reporting Financial Planning and Analysis (FP&A) Profit and Loss Compliance 40

Future CFO

AUGUST 1, 2023

As a result, the market for cloud-based financial applications in the region will witness significant growth in the coming years. FutureCFO spoke to Deka to dig deeper into the topic: Which features/capabilities in financial applications are most in demand by mid-size enterprises?

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Planful

MARCH 18, 2019

The financial reporting manager must be able to clearly explain specific financial concepts at a high level for busy executives. FP&A teams can do so by leveraging these four essential types of financial reports techniques. Department Budget vs. Actual Reports.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Financial Reporting Cash Flow Forecasting Budgeting 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

The Charity CFO

MAY 22, 2024

Depending on the organization, a CFO may have many different responsibilities, including: Financial planning and budgeting Cash flow management Regulatory compliance Financial reporting to stakeholders Financial analysis and strategic direction Bookkeeping Overall, a CFO provides strategic financial planning and management.

Nonprofit 52

Nonprofit CFO Compliance Budgeting 52

CFO Plans

MAY 24, 2024

Unleashing Efficiency with Cloud-Based Accounting Software In today’s fast-paced business environment, efficiency is no longer a luxury but a necessity. For modern businesses, particularly those navigating the complex waters of financial management, SaaS-based accounting software has emerged as a game-changer.

Invoicing 52

Invoicing Manufacturing Accounting CFO 52

Planful

SEPTEMBER 14, 2021

5 discussions of finance and accounting techniques. These keynotes, hands-on sessions, stories, chats, and trainings—by and for finance and accounting professionals—served as a fitting kickoff to this two-day online conference. Learning how to jazz up your executive reporting by “Creating BOARD Books, Not Bored Books.”.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Accounting Planning 40

The Finance Weekly

MAY 29, 2024

As the FP&A software industry explodes, more and more businesses are looking for tools to help them budget, forecast, and automate their data. Planful Planful is a cloud-based FP&A software that empowers finance, accounting, and business users with a comprehensive suite of financial applications.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Budgeting Forecasting 52

Future CFO

MAY 31, 2023

S&P forecasts that Asia-Pacific will achieve real growth of 3.5% Technology has made financial reporting easy for everyone involved in the process, from the finance and accounts team preparing reports to the regulators, investors, and others who use those reports. in 2023 while Europe and the U.S.

Finance 98

Finance General Ledger Prioritization Auditing 98

The Finance Weekly

MARCH 25, 2024

His main job is to handle all money matters at SoFi, like planning, accounting, and dealing with investors. His main gigs included handling all the financial operations like accounting and financial planning, crafting financial strategies to boost the business, and managing relationships with investors and banks.

CFO 97

CFO Finance Forecasting GAAP 97

Spreadym

OCTOBER 3, 2023

Financial Planning and Analysis (FP&A) candidates are professionals who specialize in financial planning, budgeting, forecasting, and analysis within an organization. They play a critical role in helping companies make informed financial decisions and allocate resources effectively.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

Future CFO

MAY 5, 2024

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of Chartered Certified Accountants. Introducing AI is both about trust in the systems and trust in the people that we work with, and how we bring those two elements together.,"

Risk Management 52

Risk Management Leadership Auditing Finance 52

Creative CFP

OCTOBER 2, 2020

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was so consumed with day-to-day accounting tasks that I did not have time to monitor the financial health of businesses I was taking care of, or to provide valuable feedback to business owners.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers.

Accounting 71

Accounting Corporate Finance Accounting Firms Auditing 71

CFO Simplified

SEPTEMBER 11, 2023

I think that the Statement of Cash Flows is the disrespected stepsister of financial reporting, much like Cinderella. So, let’s look to see how this Cinderella report can help you plan for and understand your use of cash. So, let’s look to see how this Cinderella report can help you plan for and understand your use of cash.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Profit and Loss Financial Reporting 52

Centage

DECEMBER 7, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for more robust and streamlined budgeting capabilities. Real-time reporting – specifically around variance reporting, and alerting.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Adam Kae

JULY 17, 2023

As a Chief Financial Officer (AKA ChiefFUNancial Officer) for digital marketing agencies, CFOAdam plays a vital role in ensuring the financial health and growth of your organization. In this blog post, we will explore key financial strategies that can help you effectively scale your agency and drive long-term success.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

Bramasol

APRIL 28, 2022

This episode focuses on how DSE business models present new challenges with regard to Financial Planning & Analysis (FP&A) processes, which require enhanced agility, scalability and end-to-end integration to handle DSE's inherently dynamic requirements. How is FP&A different from traditional accounting?

Financial Planning and Analysis (FP&A) 85

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 85

The Charity CFO

MAY 19, 2023

Budgeting and forecasting: outlining projected income and expenses for a specific period, typically annually. Developing accurate financial forecasts can help nonprofit organizations anticipate cash flow fluctuations and plan accordingly, thus avoiding cash shortages, managing their financial commitments and allocating resources effectively.

Cash Management 52

Cash Management Nonprofit Compliance Budgeting 52

Centage

DECEMBER 21, 2023

Russell Taylor, Controller, Mountain View Hospital Centage saves our users hours (if not days) in budget and forecast creation, thanks in large part to our unique formula-free FP&A design. The budgets themselves had two different charts of accounts, ledgers, and revenue recognition methods.

Budgeting 52

Budgeting GAAP Forecasting CFO 52

The Finance Weekly

OCTOBER 8, 2023

It might also include features like automated expense categorization, predictions, and reporting. Some software can even integrate with accounting systems to further streamline financial management. Your reports can be refreshed without messing up your cell references, and you can set up automatic updates.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Financial Modeling Forecasting 52