The Charity CFO

MARCH 16, 2022

Theresa Guest is joining The Charity CFO team in the role of Accounting Manager. Theresa is an experienced leader in accounting and financial reporting, budgeting, and analysis, with an extensive finance career in the healthcare supply chain industry. She lives in Shiloh, Illinois with her husband, Daniel, and sons, Byron and Brian.

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CFO Talks

DECEMBER 21, 2022

Sandiso Gcwabe will join Wesgro as their CFO in 2023. Gcwabe faces the task of restoring Wesgro to clean audits. The official tourism, trade and investment promotion agency for the Western Cape last achieved a clean audit in 2018/19. The post A turnaround job awaits Wesgro’s new CFO appeared first on CFO Club Africa.

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The Finance Weekly

JANUARY 22, 2024

Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. Aspiring individuals may wonder how they can achieve similar heights and earn big as a CFO. Assist with risk management, audits, and research.

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Future CFO

MARCH 28, 2021

The internal audit function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner survey of 299 internal audit organisations in 2020. The obvious implication, if the picture doesn’t become more balanced, is that audit leaders will have to make tough coverage trade-off decisions.”

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The Finance Weekly

APRIL 21, 2024

What could go wrong if your Chief Financial Officer (CFO) is not effective in their job? They could steer your company towards poor financial decisions, like risky investments, inaccurate budgeting, or insufficient cost control. What CFOs are Capable of Doing? Facilitate risk management, audits, and research.

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CFO Talks

FEBRUARY 10, 2023

By Jeff Ryan , MD of AWCape, a Platinum Sage business partner for HR, payroll and financial solutions South Africa’s Budget Speech for 2023 is an eagerly anticipated event for CFOs and financial leaders alike, as it provides insight into the government’s economic priorities and plans for the year ahead.

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The Charity CFO

DECEMBER 7, 2023

Welcome back to the Modern Nonprofit Podcast at The Charity CFO. Today, the show hosts someone very special to Charity CFO and that is the group’s very own partner & COO, Tim Hudson. Clients are beginning to see their stimulus packages drying up and the conversations are shifting towards creating a budget in the post-COVID era.

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The Charity CFO

APRIL 25, 2024

About The Charity CFO The Charity CFO is an accounting firm specializing in serving nonprofits through outsourced accounting and fractional CFO services. This case study is the story of how The Charity CFO has helped organizations to navigate accounting and create simplicity instead of chaos. Where is the money?

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Future CFO

MAY 21, 2020

A Dow Jones Intelligence survey of 500 finance executives affirm what we know today – there is greater demand on the CFO to participate in strategic business decision-making, as well as a more diverse types of business and operational risk management. The post CFO guide to thriving with risk appeared first on FutureCFO.

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CFO Talks

FEBRUARY 20, 2024

Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategic planning, shared his journey, beginning with his entrepreneurial family background. Farhaan : Mornin g, Nicola a s !

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CFO Share

APRIL 2, 2024

You may find yourself at a crossroads: should you hire an in-house finance manager or an outsourced Chief Financial Officer (CFO)? What are Outsourced CFOs? CFO outsourcing can cover all tasks an in-house CFO, Finance Director, Controller and accounting team might perform for a small business. In-house Finance Mgr.

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CFO Share

AUGUST 22, 2022

Should we expect more audits and fines? From 2012 to 2019 the IRS budget was reduced 14%, effectively halting investment in new technology and reducing headcount. This austerity, compounded with complex Covid tax relief measures, means the IRS is 6+ months behind in processing tax returns, audits, and even opening the mail.

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ProCFO Partners

OCTOBER 28, 2021

Your CFO is meanwhile thought to protect the firm’s assets, managing financial functions and reporting. Here’s where your CFO and their unique skill sets come into focus. Budgeting, expense and cash flow control, reports and records – unlike sales, these activities don’t bring in revenue. Outsource HR functions.

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The CFO College

JUNE 3, 2021

Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools. Simply by implementing a few CFO-level skills and tactics (and learning how to prove our value to potential clients), you can position yourself as someone your clients instinctively turn to as they navigate the sometimes turbulent waters of running a business.

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VCFO

FEBRUARY 15, 2023

Lee Ann James has joined the vcfo, serving the greater Houston, Texas area as a Consulting CFO. Lee Ann is an accomplished consulting CFO with more than 20 years of experience. More recently, she served as CFO at Seves USA, where she saved the company over $7.5M

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The Charity CFO

APRIL 28, 2023

They can help you develop budgets, financial projections, and cash flow forecasts to ensure your nonprofit is financially sustainable. Budgeting and Forecasting Developing a budget is essential for managing your nonprofit’s finances. However, managing grant funds can be complex and time-consuming.

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The Charity CFO

MAY 31, 2022

In this article, we’ll walk you through the elements of nonprofit finance that every executive director, CFO, and accountant should know. In most cases, these include an annual audit and federal tax return. Get this FREE guide to discover what you need to do to ensure you hire the right accountant, bookkeeper, or CFO the FIRST time.

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VCFO

NOVEMBER 1, 2023

Alternatively, if expenses are running over budget, are there line items that can be cut or deferred to pull overall expenses back in line with budget? audited or reviewed financial statements). Therefore, it is important that the planning is not done by the CEO and CFO in isolation, but that management is fully engaged.

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VCFO

MARCH 31, 2022

Engaging a virtual or fractional CFO as an outsourced resource is an excellent step for companies that need senior-level finance expertise but cannot afford to recruit or engage a full-time CFO. Validate the experience and expertise of the potential CFO resource. There is no certification for the title of CFO.

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CFO Talks

OCTOBER 26, 2022

‘ Passionate about the public sector ‘ Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers.

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The Charity CFO

MAY 18, 2022

Your board should be involved in reviewing and approving the annual operating budget. If your nonprofit requires an audit, the board should engage directly with the audit firm. Review annual audit . Spearheading communication with the audit firm and reviewing the audit prior to bringing it to the rest of the board.

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Future CFO

DECEMBER 5, 2022

While it is common to find a chief finance officer (CFO) helming a large or multinational organisation, the costs associated with having one in-house can be a hurdle for smaller organisations. According to payscale , the average base salary of a CFO in Hong Kong is HK$1,351,820 per year. Hiring a CFO when money is the problem.

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Centage

SEPTEMBER 6, 2022

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Microsoft Excel is not designed to be a central hub for all of a business’s inventory, budgeting, and accounting needs.

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Future CFO

AUGUST 23, 2022

Just as important, how can CFOs help address sustainability objectives as part of their overall ESG initiatives? Nelson Lim , group CFO of ST Telemedia Global Data Centres (STT GDC) , spoke to FutureCFO to elaborate on how STT GDC is addressing calls for greater emphasis on sustainability in the drive for growth. Nelson Lim. “A

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The Charity CFO

APRIL 5, 2022

And it may be the right choice for small nonprofits that don’t have experience with accounting, the budget to hire help, or time to learn. Do you need to undergo an audit? . The rules governing independent financial audits for nonprofits can be complex, so do your research. Accurate Budgeting for Your Nonprofit.

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The Charity CFO

APRIL 13, 2023

This is why at The Charity CFO , we strive to provide relevant resources and support to ensure that your organization runs smoothly and efficiently. Confirming an organization’s compliance can include compliance checks and/or audit requirements , but maintaining compliance is the responsibility of the organization at all times.

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CFO News Room

DECEMBER 16, 2022

As a financial executive, the chief financial officer (CFO) is responsible for the financial health of an organization. The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Budget Analyst. Investment Banker.

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CFO Talks

MARCH 14, 2024

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Delegation and Empowerment: No CFO can do it all alone.

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CFO Share

SEPTEMBER 14, 2023

Navigating the complex, resource-draining process of a financial audit is the last thing any business owner needs on their plate. Throwing money away on Business Decisions Picture the frustration when discovering that skewed financial reporting has thrown off your entire operational budget. Book your consultation today.

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Centage

NOVEMBER 21, 2023

This information can be crucial in budget planning and forecasting for the upcoming year. Create a cash flow forecast that highlights the seasonality in your budget. Evaluate fixed and variable costs When it comes time to work on budgeting and forecasting for a new year, don’t forget to audit both your fixed and variable costs.

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The Charity CFO

APRIL 18, 2024

Review your nonprofit budget and cash flow data to find areas for improvement. For instance, working with a nonprofit accountant, like The Charity CFO, can help you reduce your risk of financial non-compliance. Audit and adjust technology and data practices based on current cybersecurity best practices. Get the free guide!

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The Charity CFO

AUGUST 15, 2023

One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990. Budgeting and Planning Budgeting and planning are two essential aspects of a nonprofit accounting system. Audits Nonprofits are not exempt from audits.

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Spreadym

AUGUST 10, 2023

Report Generation: The ability to create a wide range of financial reports, such as income statements, balance sheets, cash flow statements, budget vs. actual reports, and more. Audit Trail: A record of changes made to financial data and reports, ensuring transparency and accountability.

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Michigan CFO

JULY 8, 2022

None of these roles could be more important than the chief financial officer (CFO). CFO services are vital to any business’s growth. This article will explain what a CFO does. But a bookkeeper, accountant, or controller is not a CFO. This guide will explain everything you need to know about CFO services.

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The Charity CFO

APRIL 2, 2024

They’ll know how to approach common financial issues for nonprofits, such as limited budgets or restricted funds. They’ll also work to eliminate inaccuracies within your data, so you can make data-driven decisions you trust and avoid accounting mistakes that might come up in an audit. Contact us today ! Get the free guide!

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BlueLight

JULY 30, 2020

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. Their titles include CEO, CTO, COO, CFO, and VP of Finance of venture-backed startups.

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Generation CFO

FEBRUARY 4, 2022

Josh, former auditor at the National Audit Office and former management finance professional at environmental leadership group C40, is big on change – but not the sudden, dramatic kind. . We’ve successfully implemented a new reporting, budgeting & forecasting tool and are now looking at the next systems change.” . Contact Us.

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