article thumbnail

4 Types of Financial Reports Every FP&A Team Should Be Using

Planful

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. Operation Review Reports.

article thumbnail

3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission. Let’s look at three ways to leverage Power BI for nonprofits so you can use your data effectively.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Define and Track Your Nonprofit Goals

The Charity CFO

Leverage Your Team As a nonprofit team member, you understand the crucial role each person plays in growing your mission. You can use accounting software, fundraising tools, CRM’s, and other services to collect and analyze data. With this data, you can make more informed decisions for your organization.

article thumbnail

What is Financial Planning and Analysis (FP&A)?

Spreadym

This includes analyzing revenue and expense trends, profitability, cost drivers, key performance indicators (KPIs), and financial ratios. By maintaining accurate financial records, conducting financial analysis, and preparing financial statements, organizations can meet regulatory obligations and avoid penalties or legal issues.

article thumbnail

Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

From a global perspective, the International Sustainability Standards Board (ISSB) is also working on developing uniform financial reporting rules. If adopted by December 2022, the new disclosure requirements would be phased in over Fiscal Years 2023 through 2025, depending on companies' SEC registration types.