Remove Accounts Payable Remove Auditing Remove Compliance Remove Financial Analysis
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From Controller to CFO: What Changes?

CFO Talks

It’s about making plans for the company’s financial future and finding ways to make the business better. Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The Controller might help by pulling together the necessary data.

CFO 52
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The 5-Minute Guide to Nonprofit Finances

The Charity CFO

Even on nonprofit financial committees, some members may be skilled in accounting, others in banking, and others in investing or financial analysis. But if you bring zero experience in accounting or financial management to your organization, that’s okay. Step #3: Understand what is required.

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Finance vs. Accounting

CFO Simplified

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. Accounting focuses on the day-to-day flow of money in and out of a business. . Accounting teams are responsible for: Invoicing. Reconciling accounts. Creating reports.

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The best software for financial close and overview of the process

Spreadym

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.