CFO Share

NOVEMBER 21, 2023

Grasping the difference between Cost of Sales and Cost of Goods Sold can illuminate aspects of your business’s profitability and operational efficiency in new ways. Let’s unravel these terms to provide you with clear insights and practical knowledge, ensuring your financial reporting is as accurate and insightful.

Sales 52

Sales Cost Management Auditing Budgeting 52

The Charity CFO

JUNE 7, 2023

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. accounts payable, loans).

Nonprofit 52

Nonprofit Accounts Payable Budgeting Strategic Planning 52

The Finance Weekly

NOVEMBER 27, 2023

In managing a small business, it's important not to rely solely on your intuition. Key Performance Indicators (KPIs) play a crucial role, especially in , financial reporting. To assess your company's financial well-being, it's better to be objective rather than subjective. Why KPIs are Important to your Business?

Budgeting 52

Budgeting General Ledger Concentration Benchmarking 52

The Charity CFO

MARCH 23, 2023

Functional classifications include program costs, management and general costs, and fundraising costs. With these goals in mind, you can look at each of your financial statements and see whether or not you’re on track to achieve them. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Accounting CFO Budgeting 52