Spreadym

NOVEMBER 3, 2023

Financial planning typically includes the following key components: Setting Financial Goals: Identify and prioritize your short-term and long-term financial objectives, such as saving for retirement, buying a home, paying off debt, or funding your children's education. and "What are our financial goals?"

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

The Charity CFO

DECEMBER 7, 2023

Clients are beginning to see their stimulus packages drying up and the conversations are shifting towards creating a budget in the post-COVID era. Developing a 2-3 year plan to manage budgets long term is a wise idea for those with an abundance of cash. Just because the cash is here today, it does not mean it will be there forever.

Nonprofit 52

Nonprofit Auditing Budgeting CFO 52

CFO Talks

MARCH 14, 2024

The position of Chief Financial Officer has evolved significantly over the past few decades. No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Delegation and Empowerment: No CFO can do it all alone.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

The Finance Weekly

MARCH 25, 2024

She led Oracle's transition to cloud computing which skyrocketed the company's industry status and has successfully guided Oracle through challenging economic periods. They also pitch in on major financial moves like mergers and fundraising. They guide department heads, help with budgeting, and analyze financial data to steer the ship.

CFO 97

CFO Finance Forecasting GAAP 97

VCFO

MAY 14, 2022

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries.

CFO 52

CFO Treasury Leadership Cash Management 52

The Charity CFO

SEPTEMBER 20, 2023

While leaders set an annual operating budget based on expected income and expenses, sometimes it’s not entirely on target. Leaders need to carefully consider their organization’s financial stability, including potential growth or vulnerability to changing economic conditions and priorities. Simplify this now!

Nonprofit 59

Nonprofit CFO Budgeting Securities 59

CFO Share

APRIL 2, 2024

Churn and Transition Expense The turnover of an in-house finance manager not only disrupts operations, forecasting, and financial reporting; but also restarts the recruiting/hiring/training expense cycle. Whereas if your employee commits fraud, your insurance may not cover the loss.

CFO 52

CFO Finance Cost Analysis Forecasting 52

PYMNTS

FEBRUARY 18, 2020

India’s HDFC Bank has teamed up with Mastercard and SAP Concur to manage corporate travel and expense management, according to a report by The Economic Times. It will help to capture and consolidate accurate financial reporting to enable deep analysis for greater cost savings,” Singh said.

SAP 60

SAP Invoicing Compliance Budgeting 60

The Finance Weekly

JUNE 22, 2022

With a recession looming, many Fractional CFOs (FCFOs) are worried that they will lose their customers due to budget cuts. Scenario planning, forecasting, budgeting, headcount, and sales planning are no longer just part of a monthly checklist, rather they are the company blueprints for the short and long term survival of the organization.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Marketing CFO Startups 105

Future CFO

DECEMBER 31, 2021

According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments. What does this mean to the finance and accounting team of 2022?

Leadership 98

Leadership Finance GAAP Forecasting 98

The Charity CFO

JANUARY 26, 2023

Proper revenue recognition is a core accounting principle that ensures proper financial reporting, ensuring that you remain compliant and maintain donor confidence. Monthly financial statements can have a clear view of your financials and stay on top of your organization’s future expenses. Get the free guide!

Nonprofit 52

Nonprofit Accounting Principles Profit and Loss Auditing 52

Adam Kae

NOVEMBER 24, 2021

By Katelyn Sieber First things first: What exactly is a CFO, or Chief Financial Officer responsible for, anyway? According to , Investopedia , A CFO is a top-level executive responsible for managing the finance and accounting divisions and for ensuring that the company’s financial reports are accurate and completed in a timely manner.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Financial Analyst Budgeting 52

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

The Charity CFO

AUGUST 21, 2023

Open and Honest Nonprofit Communications While it can feel strange to reveal your organization’s financial details to outsiders, it’s imperative that donors have a complete and detailed picture of the nonprofit’s economic realities. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit 52

Nonprofit Communication Education CFO 52

Planful

JULY 27, 2017

The need to respond better to fast-changing economic and business conditions. Eliminate reliance on spreadsheets and email for financial planning and reporting processes. Streamline the annual budgeting process. Implement rolling forecasts to periodically update budget assumptions.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Budgeting Forecasting 40

PYMNTS

OCTOBER 30, 2020

The demand for faster payments is ringing louder than ever during the economic downturn. Pandemic-induced economic disruptions have hit small- to medium-sized businesses ( SMBs ) especially hard, and these firms must protect steady cash flows to survive. It depends on, ‘Is that customer really cash-strapped?

B2B 59

B2B Economics Banking Prioritization 59

BlueLight

JULY 30, 2020

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. This task falls to the finance leader.” “The

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

Planful

JANUARY 11, 2022

And as the economic recovery continues and business operations slowly return to normal, the digital surge shows no signs of slowing down. Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Cube Software

MAY 11, 2023

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. How long would your business be able to continue operating?

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Michigan CFO

JULY 8, 2022

Financial Reporting. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon. A CFO can create financial reports that simplify the bookkeeper or accountant numbers into informative metrics that a business owner can act upon.

CFO 40

CFO Forecasting Accounting Planning 40

The Charity CFO

JANUARY 17, 2022

Your core financial reports, which we’ll look at below, exist to answer this one simple question– how much value has your organization created ? And it’s the core metric that outside observers will use to measure your organization’s financial value (and viability). Revenue is inflows that increase economic wealth.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

The Charity CFO

APRIL 25, 2024

According to their website, “At Connections, we provide a comprehensive network of services and support to help people living in poverty become economically self-sufficient. Now, having monthly financial reports has been very helpful, and we’re able to drill down on the individual grant budgets and spending.

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

Spreadym

JULY 10, 2023

Adjustments are made to ensure that financial statements reflect the economic reality of the period being closed. The financial close process is crucial for ensuring accurate and reliable financial reporting. They facilitate collaboration, version control, and document sharing among team members.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

E78 Partners

AUGUST 1, 2023

This shortage is particularly pronounced in times of economic growth, when many companies are actively pursuing acquisition strategies to expand their market presence. Each target company may have unique financial reporting requirements, regulatory compliance, and industry-specific challenges.

Leverage 52

Leverage Financial Analysis Accounting Budgeting 52

Embark With Us

JANUARY 19, 2022

Or spreadsheets and budgeting. Financial Reporting. Markets move like lightning, so the faster your leadership can read the economic and operational tea leaves, the better. An abacus works great as long as you're counting bushels of wheat. The same goes for a business calculator and NPV calculations.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

Barry Ritholtz

APRIL 25, 2023

So, Brian is not a stranger to me, and we have some shared financial interests, but the reason I wanted to bring him in here is there are few people in the industry who have a better perch by which to look at the world of registered investment advisors, broker-dealers, all of the changes that are taking place in the space. I replied to him.

Mergers and Acquisitions (M&A) 60

Mergers and Acquisitions (M&A) Compliance Investments Finance 60