CFO Talks

MARCH 20, 2024

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. Budgeting: The Controller gathers info and puts the budget together. The Controller might help by pulling together the necessary data.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

The Charity CFO

JUNE 7, 2023

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. accounts payable, loans).

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

CFO Share

NOVEMBER 3, 2023

As a business grows, so do its financial intricacies. It’s common for many small business owners and finance directors to handle accounts receivable, accounts payable, and other financial tasks themselves in the early days. However, as the business scales, this can become overwhelming.

Invoicing 52

Invoicing Accounts Payable Compliance Financial Analysis 52

The Charity CFO

MAY 31, 2022

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. Don't hire the wrong accountant for your nonprofit!

Nonprofit 98

Nonprofit Finance Auditing Accounts Payable 98

Spreadym

JULY 10, 2023

These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts. Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. CPM software includes budgeting, forecasting and planning functions, as well as graphical scorecards and dashboards to deliver and to display corporate information. Internal: Employee experience and quality of company management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52