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Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

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).

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How CFOs can stay attuned to evolving market trends

Future CFO

Navigating financial instability Ongoing discussions of inflation and budget cuts echo across global organisations. The year 2024 sees a strategic focus on robust cost management, cash flow optimisation, and liquidity planning. This results in CFOs re-emphasising fundamental financial practices.

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OPEX in Financial Analysis

Spreadym

These expenses include items like salaries, rent, utilities, marketing expenses, administrative costs, and other overhead expenses required to maintain operations. OPEX in Financial Analysis Analyzing OPEX is essential because it provides insight into a company's operational efficiency and cost management.

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10 KPIs to Track Business Performance

The Finance Weekly

They are widely used in , strategic planning and reporting to guide investment decisions. Return on Equity The Return on Equity KPI indicates how effectively you generate profits from the investments made by shareholders in your business. Simply put, it shows how much profit you make for every pound invested in your business.

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A Day in the Life: Juvanus Tjandra from KPMG in Singapore

Future CFO

To catalyse these plans, they will need to collaborate with other business units to ensure that the company’s investment strategies are closely aligned with the firm’s financial plans. With their financial background, they are often involved in transformation strategies closely tied to the firm’s performance.

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What to look for in nonprofit accounting financial statements

The Charity CFO

Nonprofits use financial statements to comply with IRS regulations, build trust with donors, and plan for the future. Common revenues for nonprofits include contributions, grants, and investment income. Functional classifications include program costs, management and general costs, and fundraising costs.