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Forecasting Future Fraud: Q&A With Joanne Horton Of Warwick Business School

Global Finance

If we think about it, a managerif facing pressure to beat an analyst forecast, or beat last years earnings, or wanting a particular bonushas enough flexibility in the accounting rules to manage those numbers while staying within the rules. You manage your numbers. So, how are we going to track the slippery slope? Horton: Heres one.

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GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact

CFO Dive

And over the last few years, a steady number of consumers are choosing electric vehicles,” Jacobson said of GM’s EV offerings, noting the automaker sees “significant growth potential.” Chevrolet EVs — which are now the second top selling such vehicle in the U.S — rose by 146% YoY for the quarter. “I

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What to know about the $7.25 minimum wage

CFO Dive

However, a number of organizations, including the U.S. By the numbers $15 The minimum wage demanded in the Fight for $15 movement — an effort started in 2012 by fast food workers in New York. 16 The number of years since the federal minimum wage — $7.25 — last was increased, on July 24, 2009. $17.95

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Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

Though both systems use the same numbers, looking at those numbers differently can give you a very different perspective on the state of your finances. Cash accounting does not comply with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations. Do you need to undergo an audit? .

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

They’re not very good at mathematics or dealing with numbers in general. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. As AI permeates finance, questions about its compliance with audits and financial governance will arise.

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

How it works in real-life: Let’s say you host a fundraiser in September that generates a significant number of donations. Accrual accounting is required by Generally Accepted Accounting Principles (GAAP), which means that you’ll need accrual-based reports to complete a nonprofit audit. Difference #3: Functional Expenses.

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Which IRS Form 990 Should Your Nonprofit File?

The Charity CFO

Federal Employee ID Number (EIN). If your organization falls into the $50,000-$200,000 range but must complete an annual audit for funding or GAAP purposes, it is wise to skip Form 990-EZ and head straight to the full form. . So when it’s time to file your 990, all you’ll need to do is review a few numbers and sign off on it.