Future CFO

DECEMBER 10, 2023

The post A CFO's Guide to Sustainable Reporting Implementation appeared first on FutureCFO.

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PYMNTS

NOVEMBER 20, 2020

But what does the process of digital adoption actually look like from the vantage point of the CFO? For Andy Brown , CFO at education technology company Chegg , there was a plethora of opportunities to embrace by collaborating with third-party FinTech partners.

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CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This makes them versatile tools in various fields such as education, customer service, and even creative writing. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

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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. Tosha shares that The Charity CFO focuses intentail energy on recruiting and their recruiters. Want to jump right into the episode?

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Future CFO

SEPTEMBER 14, 2020

Given that auditors are required to offer unbiased opinions about the financial statements of companies that they audit, the lack of auditor independence can severely compromise the quality of the auditors’ work. . The case for and against NAS prohibitions NAS encapsulate any service provided by auditors other than external audit services.

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The Charity CFO

APRIL 2, 2024

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. From on-time reports to consistent, accurate data, a nonprofit-focused accounting team like The Charity CFO can help your organization be more effective and efficient.

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CFO Talks

SEPTEMBER 6, 2022

The CFO needs to be alive to changes’. Welcome to this SAIBA CFO podcast, SAIBA is the South African Institute of Business Accountants, it has more than 12 000 members and specialises in a wide range of disciplines such as accountancy and tax, training and development, career enhancement, legislation, designations and financial reporting.

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CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This makes them versatile tools in various fields such as education, customer service, and even creative writing. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

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Finance Accounting Auditing IFRS 52

CFO Simplified

DECEMBER 26, 2021

As you audit your accounting and finance departments, you may find there are some key roles missing from your business that could be negatively impacting your company’s bottom line. Mid-sized businesses benefit the most from hiring a fractional CFO. We know, however, that hiring a full-time CFO can come with a hefty price tag.

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Future CFO

OCTOBER 20, 2021

The CFO role requires certain traits and skills, said Woranat Dumrongsiri (pictured), Country CFO, Deloitte Thailand and Deloitte Laos during an interview with FutureCFO for the publication’s Female Leadership in Finance Series. Woranat Dumrongsiri, Country CFO, Deloitte Thailand and Deloitte Laos.

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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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Prioritization CFO Leverage Risk Management 52

CFO News

JUNE 25, 2023

Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September and 2023 results by December, a person with direct knowledge of the matter said.

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Auditing Education Startups Technology 59

The Charity CFO

SEPTEMBER 14, 2022

It’s true that due to their uniquely valuable societal contributions, such as charitable actions or educational priorities, nonprofits receive tax exemption for income from activities substantially related to their primary purpose. . The post Understanding Unrelated Business Income in Nonprofits appeared first on The Charity CFO.

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CFO Share

MARCH 2, 2023

Modern AP software eliminates paper checks and replaces them with electronic payments with robust audit logs. Forcing scammers to contend with suspicious coworkers and immutable audit trails is very effective invoice fraud prevention. Staff education on types of fraud The best fraud prevention is education.

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Invoicing Accounts Payable Auditing Education 52

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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Future CFO

DECEMBER 6, 2023

In addition, financial planners must foresee the need to set aside resources for legal and audit expenses to ensure the blockchain solution follows all the rules and regulations, as well as for the maintenance costs for the system. The post The integration of blockchain solution in the finance function appeared first on FutureCFO.

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Finance Auditing Education Budgeting 52

The Charity CFO

MARCH 24, 2022

The education first department reported Inconsistencies to the USDA in 2020. And in early 2021, the department labeled Feeding Our Future “seriously defective” due to incomplete financial audits and lapsed IRS nonprofit registration. Participate in a financial statement audit. How was this fraud uncovered?

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The Charity CFO

DECEMBER 8, 2022

Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes. Doing this ensures that you can demonstrate compliance with grant requirements and provides a clear audit trail for any future reviews. Conduct regular audits.

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Accounting Nonprofit Auditing Compliance 52

CFO Talks

JANUARY 31, 2023

1X ‘Humanitarian at heart’ 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. Go to www.cfoclub.co.za

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The Charity CFO

APRIL 19, 2022

When most nonprofits think about ‘accounting issues,’ they’re concerned about poorly prepared financial reports, bookkeeping errors, gaps in communication with funders, bad audits and a million more things in this vein. Has the Department of Labor audited your organization for misclassifying contractors as employees? Maybe We Can Help.

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CFO Talks

JUNE 8, 2022

Daniel Raubenheimer, CFO at USA-based Silon, expanded on the new ISSM standards in our CFO Talks podcast interview with him. To respond to this demand, SAIBA has developed it’s Climate and Sustainability Reporting Executive Education and License. The last one is then climate change. The last one is then climate change.

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The Charity CFO

JULY 10, 2022

They also educate the rest of the board on their duties and responsibilities to the organization. . Meanwhile, audits, financial management, and risk mitigation fall under the purview of the Finance or Risk Management Committee. The post Nonprofit Board Committees In A Modern Nonprofit appeared first on The Charity CFO.

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Nonprofit Auditing Communication Risk Management 97

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. The CFO primarily controls financial affairs.

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Finance Budgeting Compliance Financial Analyst 130

CFO News Room

JANUARY 18, 2023

Organizations will do this by removing formal education and experience requirements from job postings and instead reaching out directly to internal or external candidates from nontraditional backgrounds who may not have access to certain professional opportunities, or even be aware of them.

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The Charity CFO

NOVEMBER 10, 2022

Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit.

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CFO Share

MAY 31, 2023

Fraud risk is addressed through two best practices: Implement proper controls, segregation of duties, and process audits. Educate your team about fraud schemes. How will you audit bookkeepers to ensure compliance with controls? What segregation of duties will exist to prevent fraud?

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Accounts Payable Accounting Auditing Education 40

The Charity CFO

DECEMBER 8, 2023

The tax-exempt status can benefit charities, churches and religious organizations, schools, educational organizations, social welfare organizations, civic leagues, social clubs, labor organizations, business leagues, and political organizations. We’re experts on everything from time-saving bookkeeping software to financial reports and audits.

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The Charity CFO

JULY 28, 2022

Technically, nonprofit organizations have until their year-end audit, review, or compilation to implement these new standards. The good news is that everyone is going through this together, so educated donors will know the reason for the sudden change. Don’t Panic! There’s still time. Get the free guide!

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The Charity CFO

APRIL 16, 2022

The tax-exempt status can benefit charities, churches and religious organizations, schools, educational organizations, social welfare organizations, civic leagues, social clubs, labor organizations, business leagues, and political organizations. We’re experts on everything from time-saving bookkeeping software to financial reports and audits.

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Nonprofit Auditing CFO Accounting 52

CFO Talks

JULY 5, 2022

Global trends in accounting, auditing, corporate governance and taxation. Participate in educational and useful sessions offered by professionals. The post 21st World Congress of Accountants appeared first on CFO Club Africa. Key themes of the Congress include: The role of the accounting profession in enabling sustainability.

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Accounting Auditing Leadership Education 52

Future CFO

FEBRUARY 16, 2023

Lee Thong Tan (pictured), CFO Practice Lead, Asia, Workday explained in an interview with FutureCFO why cost cutting is not an effective way to deal with that and what CFOs could do to combat existing challenges. Future CFO: How can APAC business leaders continue to attract and retain top finance talent during this economic downturn?

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The Charity CFO

AUGUST 16, 2023

An expert in design and programming, he’s also an educator at the college level. He and his team did an audit that lead to 5 indicators for revamping a website: Is the page layout unique or common in comparison to other websites? You can also find Tosha and The Charity CFO team on Youtube or our website, thecharitycfo.com !

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CFO Talks

JUNE 20, 2022

This could include making use of smart meters and motion sensors, conducting an energy audit and investing in more energy-efficient machinery. To respond to this demand, SAIBA has developed its Climate and Sustainability Reporting Executive Education and License. Listen to the entire podcast here. Be at the forefront of ESG reporting.

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Manufacturing Accounting Standards Auditing Education 52

The Charity CFO

JANUARY 26, 2023

Start With the Fundamentals of Nonprofit Tax Filing Non-profit organizations operate in many areas of society, including education, healthcare, sports, and social services. You don’t want to make any mistakes that could trigger an audit or even the loss of your 501(c)(3) status. Get the free guide!

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Nonprofit Accounting Principles Profit and Loss Auditing 52

CFO Talks

NOVEMBER 30, 2022

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. Go to www.cfoclub.co.za

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The Charity CFO

JANUARY 21, 2022

Most not-for-profit organizations and entities–like 501(c)(3) charities, churches, religious institutions, government agencies, nonprofit nursing homes and hospitals, and educational institutions– are required to use fund accounting. The post Fund Accounting for Nonprofits & Charities appeared first on The Charity CFO.

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Boston Startup CFO

APRIL 3, 2023

As a trailblazer exploring unknown territories, you must equip yourself with the appropriate knowledge and tools to make educated decisions that guide your enterprise towards success. Additionally, you open yourself up to compliance and audit issues, and you’ll potentially decrease your chances of securing funding and financing.

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