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Top 5 Mistakes Caught in a Nonprofit Audit

The Charity CFO

Does the idea of an audit from the IRS leave you with sweaty palms? Most nonprofit leaders aren’t accountants and the thought of getting audited is a sizable fear. Luckily, being prepared can help you avoid accounting mistakes that could come up in a nonprofit audit. These penalties can be crushing for nonprofits.

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9 Trends That Will Shape Work in 2023 and Beyond

CFO News Room

Leveraging alternate methods, such as alumni networks and gig workers, to bring in workers with specific skills for high-priority tasks when new headcount is not an option. As more organizations leverage AI in recruiting, the ethical implications of these practices have become more urgent.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

Leveraging Technology: In today’s data-driven environment, tasks that involve implementing or improving technological solutions should be high on the CFO’s priority list. Leveraging Technology for Integration: Modern technology platforms offer powerful tools for integrating data and processes across departments.

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Every Successful Power BI Adoption Strategy Has These 4 Elements

Collectiv

Empower your team to maintain cybersecurity and compliance standards with training on security, governance settings, gateway installation and management, audit logs, and the Azure Active Directory. 27% of companies attribute adoption success to leveraging power user groups, or PUGs, to encourage adoption across their teams.

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CFOs: Cost cutting isn’t the best way to deal with uncertainty

Future CFO

Finally, companies should also leverage the opportunity which economic downturns bring to invest in their people. By leveraging employee and skills data, companies can better informed in enhancing the employee experience and create more engaged employees.

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CFOs: Top nine workplace predictions you must address

Future CFO

Organisations will take several approaches to do this, such as relaxing formal education and experience requirements in job postings and reaching out directly to internal or external candidates from nontraditional backgrounds.

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What’s New and What’s Coming in Accounting Technology?

Planful

The AAA has been around for 100 years and is a community of accounting educators. Blockchain currently serves as a public ledger for Bitcoin transactions, but it could potentially be leveraged to keep track of transactions and help distribute value to participants in other public value networks. New Tax and Auditing Tools.