article thumbnail

SA Budget Speech 2023: What can CFOs expect?

CFO Talks

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.

article thumbnail

The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

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. Data Security and Privacy: Both the CFO and the accounting firm should prioritize data security and privacy.

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

IRS Questioned Over Corporate Auditing Lag

PYMNTS

Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. But according to the report, the IRS rarely uses this new method and is not examining past audits in order to more efficiently prioritize which cases to more closely examine, Bloomberg said.

article thumbnail

IT Security in SMBs

VCFO

Implementing basic protective measures and content filters to protect the organization from bad actors was then a relatively minor check-the-box exercise funded in one’s operational budget. Planning and Prioritizing IT Security Improvement. Budgeting for IT Security and Empowering People. Where are we most vulnerable?

article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

This follow-up article delves into how CFOs can effectively manage their diverse responsibilities, from prioritizing tasks to fostering innovation and leading their companies through transformational change. As organizations face new challenges and opportunities in a changing world, the role of the CFO will continue to expand and evolve.

article thumbnail

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

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.

article thumbnail

Fund Accounting for Nonprofits & Charities

The Charity CFO

Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit. If you’re a very small nonprofit, it’s possible you won’t have any restrictions on your donations.