The Charity CFO

MAY 13, 2025

Its about sustainability, compliance, and having the confidence to lead your mission with clarity. Principle #9: Monthly Reconciliations & Reports The accounting team should close the books monthly, ensuring that all statement of financial position accounts are reconciled. This isnt just about spreadsheets.

Accounting 82

Accounting Nonprofit Reconciliations CFO 82

The Charity CFO

MARCH 31, 2023

The word audit can invoke instant fear and dread. Whether it’s an IRS audit, external audit, or even an internal audit, the process can feel burdensome and worrying. Contrary to popular belief, most audits are not conducted to detect a problem. Should My Nonprofit Obtain an Independent Audit?

Nonprofit 90

Nonprofit Auditing Compliance CFO 90

CFO Share

JUNE 27, 2024

How a CFO Ensures Compliance in Financial Reporting Reliable financial statements are crucial for business management, but ensuring compliance may feel like a luxury in the resource-constrained world of small business. What is Financial Statement Compliance?

Financial Reporting 52

Financial Reporting Compliance CFO Auditing 52

CFO Talks

MAY 29, 2025

Reporting Rules That Make or Break Your Reputation Financial reporting is often thought of as the final step in the business process, the box to tick at the end of the quarter or financial year. They understand that reporting, when done right, is not just a reflection of past performance. Its not flashy work.

IFRS 52

IFRS Compliance Auditing CFO 52

The Charity CFO

APRIL 29, 2022

Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. What is a financial statement audit?

Nonprofit 98

Nonprofit Auditing General Ledger Reconciliations 98

CFO Talks

JUNE 17, 2025

The CFO must lead a comprehensive clean-up of financial reporting processes. This includes restating prior-period financials where necessary, strengthening internal controls, and ensuring that audit findings are addressed in full. The finance team must be empowered to report accurately and independently.

CFO 52

CFO Marketing Auditing Compliance 52

Future CFO

FEBRUARY 14, 2025

"The adoption of AI-driven analytics allows teams to move from traditional reporting to real-time insights, enabling more proactive decision-making," he says. Cloud-based financial systems have improved collaboration, making data more accessible while ensuring compliance with evolving regulations."

Cash Flow Forecasting 78

Cash Flow Forecasting Compliance Leverage Reconciliations 78

CFO Plans

APRIL 14, 2025

CFO Tax Recovery Strategies: Your Financial Lifeline Implementing robust tax recovery strategies is essential for a swift return to stability. Consider conducting a thorough financial audit to pinpoint areas for improvement. Discover more CFO Tax Recovery Strategies to secure your financial future.

Auditing 52

Auditing Compliance CFO Financial Reporting 52

The Charity CFO

DECEMBER 18, 2024

Compliance and Regulatory Requirements One of the most significant impacts of receiving federal funding is the increased scrutiny and compliance requirements. Organizations that expend over $750,000 in federal funds (increasing to $1 million in 2025) are subject to a single audit. Get the free guide!

Nonprofit 52

Nonprofit Auditing Compliance Budgeting 52

CFO Talks

MARCH 5, 2025

Listed companies (on the stock exchange) They must meet strict financial disclosure rules, often set by stock market regulators like the JSE (Johannesburg Stock Exchange). Knowing the specific rules for your industry helps you prepare in advance and avoid compliance issues.

IFRS 52

IFRS Auditing Compliance Financial Data 52

CFO News Room

NOVEMBER 2, 2022

Chris Stanley is the Founding Principal of Beach Street Legal LLC, a law practice and compliance consultancy whose sole purpose is to help entrepreneurial investment advisers and financial planners succeed. Compliance policies and procedures manual. Financial-records-disclosure authorization form. Author: Chris Stanley.

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Compliance GAAP Investments Securities 130

The Charity CFO

MARCH 13, 2025

From federal grant compliance to donor transparency expectations, nonprofits must meet a growing list of financial integrity standards. If your organization doesnt have airtight financial oversight, youre at risk of losing funding. This ensures accountability and makes audits or donor inquiries easier to manage.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

Future CFO

JUNE 19, 2025

Asset acquisitions, market entries, and decentralised operations demand more than technical expertise, as they require navigation around fragmented regulations, cultural complexities, and resource constraints while ensuring agility and compliance. Serve as a liaison between sales and compliance teams," Kozlov says.

Finance 52

Finance Compliance IFRS GAAP 52

The Charity CFO

DECEMBER 30, 2021

Contrary to what many people envision, a nonprofit audit doesn’t usually start with a letter from the IRS. Instead, an independent nonprofit audit is something you choose to build trust in your nonprofit organization. An audit can be a critical step for a growing nonprofit that needs to raise increasing amounts of funds.

Nonprofit 84

Nonprofit Auditing GAAP Accounting Principles 84

The Charity CFO

MAY 12, 2025

Theyre the people who spot errors in a sea of numbers and ensure the books are airtight and audit-ready. Trying to combine this role with the CFO function often fails because bookkeeping is structured and rule-bound , while financial leadership requires a more strategic, creative, and big-picture thinker. Get the free guide!

Nonprofit 90

Nonprofit Accounting Leadership CFO 90

The Charity CFO

APRIL 1, 2025

At The Charity CFO , weve worked with hundreds of nonprofits (if not thousands)and reviewed thousands of financial systemsover the past decade. Its not just about clean books or audit prep. The organizations that thrive have a shared commitment to financial discipline, strong internal controls, and strategic leadership.

Nonprofit 80

Nonprofit CFO Leadership Cash Flow Forecasting 80

CFO Talks

NOVEMBER 29, 2024

This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. When you’re young, focus on deeply understanding the core accounting principles, financial reporting, and regulatory compliance.

CFO 95

CFO Auditing Leadership Finance 95

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Automation reduces human error, which is one of the biggest risks in financial reporting.

Financial Reporting 52

Financial Reporting Auditing CFO Compliance 52

E78 Partners

APRIL 23, 2025

Data Governance : Establishing frameworks for data security, compliance, and lineage, vital for regulatory adherence and exit due diligence. Exit Readiness : Transparent, governed data enhances financial reporting and ERP systems, positioning companies for IPOs or strategic sales in an improving liquidity environment.

Auditing 52

Auditing Compliance Healthcare Forecasting 52

Future CFO

JUNE 12, 2024

Hence, it is crucial to adopt established standards and frameworks such as the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB), the Greenhouse Gas Protocol and ISO 14064.

Compliance 98

Compliance IFRS Risk Management Finance 98

CFO Talks

APRIL 15, 2025

Accountability Is More Than Compliance Finance professionals are trained to be cautious. Compliance is non-negotiable, of course. Take reporting deadlines as an example. Submitting reports on time is a compliance requirement. Reports are produced. High-performing finance teams dont wait to be chased.

Accounting 52

Accounting Forecasting Auditing Compliance 52

Future CFO

MAY 15, 2024

More interestingly, 62% of executives claim their companies apply the same diligence to ESG reporting as they do to financial reporting. Nikhil Parambath He notes however that while accurate ESG reporting is essential for informed decisions that drive shareholder value, Asia's ESG compliance landscape is still nascent.

Finance 98

Finance Auditing Compliance Leverage 98

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. This article provides a deeper look at the steps CFOs can take to create a seamless, streamlined audit experience.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

Embark With Us

MARCH 20, 2025

Aligning financial reporting systems, tracking and realizing efficiencies, and continuously monitoring financial performance are essential to support patient care and ensure the merged entity's success. Steps for Standardization: Conduct an audit of existing financial reporting and ERP systems in both organizations.

Healthcare 52

Healthcare Auditing Compliance Leadership 52

The Charity CFO

APRIL 5, 2023

In order to confidently run your organization, it’s important to have a strong understanding of nonprofit compliance requirements. In addition to the many struggles of running a business, nonprofits have additional hurdles to overcome as it relates to their mission, employment strategy, accounting, and compliance.

Nonprofit 52

Nonprofit Compliance Auditing Accounting 52

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO General Ledger Compliance 98

The Charity CFO

AUGUST 23, 2024

Download the Article For nonprofits, audits are more than just a regulatory requirement–they’re a tool for safeguarding the organization’s mission and financial health. An audit helps improve an organization’s financial transparency, builds donor trust, and ensures compliance with regulations. Pre-Audit Prep 1.

Nonprofit 52

Nonprofit Auditing Compliance CFO 52

https://trustedcfosolutions.com/feed/

FEBRUARY 9, 2023

Getting audited isn’t something businesses look forward to. Audits cost your business hundreds and thousands of dollars, taking up countless hours researching transactions and data logs, or painstakingly tracking down supporting documentation. Here’s how: Next-Level Efficiency: Streamlining the Audit Feel prepared for your next audit.

Auditing 57

Auditing CFO Compliance Accounting 57

CFO Talks

AUGUST 28, 2024

Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know Navigating the complex landscape of regulatory reporting in South Africa can be daunting, especially for CFOs who bear the responsibility of ensuring compliance while also driving strategic financial decisions.

CFO 83

CFO Auditing Compliance IFRS 83

Future CFO

JULY 8, 2024

Editor’s note: Audit is much more than a compliance requirement and is definitely not a declining industry, said Narissa Chen (pictured), Partner, Head of Audit & Assurance, Forvis Mazars in Singapore. She shared with FutureCFO what a career in audit offers and how female professionals can become audit leaders.

Auditing 52

Auditing Leadership Compliance Communication 52

CFO Talks

JUNE 4, 2025

In South Africas business environment, where public trust is fragile, regulatory compliance is non-negotiable, and financial transparency is a competitive advantage, the CFO plays a crucial role in shaping whether a company is seen as credible, ethical, and stable. The best CFOs do not just focus on clean audits.

CFO 52

CFO Compliance Communication Leadership 52

The Charity CFO

MAY 6, 2022

Your financial system must be in good working order before you even consider applying for federal funding. In fact, the government places very rigorous financial reporting requirements on organizations that receive federal funding. Do I need an audit to secure federal grant funds?

Nonprofit 111

Nonprofit Auditing Financial Systems CFO 111

CFO Talks

NOVEMBER 21, 2024

Additionally, I worked for a South African company that exported its products internationally, giving me exposure to the complexities of global trade and compliance. What stood out to me most in these experiences is the importance of adaptability and cultural awareness.

CFO 98

CFO Leadership Problem Solving Communication 98

The Finance Weekly

DECEMBER 1, 2024

This process isn’t just about catching mistakes; it’s also a critical tool for ensuring the integrity of your financial reporting. Regulatory Compliance - Accurate records are essential for meeting legal and regulatory requirements, especially for publicly traded companies. This creates an audit trail and ensures transparency.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

Future CFO

MARCH 27, 2025

Leslie Joseph , principal analyst at Forrester , believes companies must go beyond compliance checkboxes and implement robust data governance in connection with the release of the EU AI Act, as regulations will evolve, but finance teams that embed strong data and AI governance today will gain a long-term competitive edge.

Compliance 52

Compliance Financial Planning and Analysis (FP&A) Forecasting Financial Analysis 52

E78 Partners

SEPTEMBER 21, 2023

Audits, while essential for maintaining the integrity and trustworthiness of an organization’s financial reporting, can be a daunting task. This article will delve deeper into five preparation steps, drawing from insights of our leading industry experts, to help your organization gear up for a successful audit.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52