Budgeting CFO Compliance Profit and Loss 
CFO Talks
FEBRUARY 10, 2023
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.
Centage
DECEMBER 12, 2023
When it comes to analyzing a company’s financial health, one of the most important documents to look at is the consolidated profit and loss statement (often called a P&L, P and L, or P&L statement). What is a consolidated P&L statement? A consolidated income statement is essentially a consolidated P&L.
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CFO Simplified
MARCH 11, 2024
But what’s missing is the “home care” that’s needed to make sure that their firm is running efficiently and profitably. And we also see the opposite, where a CFO has the title of CFO/Office Manager, and is even relegated to ordering office supplies. Not exactly productive for someone making well over $175,000 annually.
The Charity CFO
AUGUST 15, 2023
Myth #1: Nonprofit Accounting is Completely Different from For-Profit Accounting One reason accountants seeking a new role may steer clear of a nonprofit accounting position is that they assume the methods are completely different. In the for-profit world, revenue is typically only recorded when earned or cash has been collected.
Spreadym
AUGUST 10, 2023
When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.
The Charity CFO
DECEMBER 27, 2023
As a small nonprofit, it can be difficult to determine what benefits mean the most to your employees, especially if you’re working within a strict budget. However, small nonprofits may not have access to the same resources as for-profit businesses or large nonprofits. Many employers offer a group health plan and an HSA for employees.
The Charity CFO
SEPTEMBER 14, 2022
As a result, Congress implemented the UBIT in 1950 to eliminate the unfair advantage tax exemption gave to nonprofits competing against for-profit entities in the same sector. For example, the UBIT prevents an entity such as a church from using its exempt status to open a store purely for profit with no charitable purpose.
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