The Charity CFO

MARCH 13, 2023

million nonprofits in the United States, there are countless organizations available to provide shelter, medical assistance, and education, you name it! The way revenue and expenses are recorded can differ for GAAP purposes and tax purposes ( Form 990 ). It will not be reported on Form 990. With over 1.3 Get the free guide!

Nonprofit 98

Nonprofit GAAP CFO Entertainment 98

The Charity CFO

JANUARY 21, 2022

Most not-for-profit organizations and entities–like 501(c)(3) charities, churches, religious institutions, government agencies, nonprofit nursing homes and hospitals, and educational institutions– are required to use fund accounting. Fund Accounting & Nonprofit Financial Statements. And inevitably lead to mistakes.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This makes them versatile tools in various fields such as education, customer service, and even creative writing. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Finance 95

Finance Accounting Auditing IFRS 95

The Charity CFO

JANUARY 5, 2023

Maintaining healthy financial management is critical for the organization’s sustainability, stability, and flexibility, now and in the future. Poor financial reporting. Educate the staff and board on critical issues triggered by certain gifts. Ease the tax reporting. Bring GAAP compliance.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

The Charity CFO

NOVEMBER 10, 2022

Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

The Charity CFO

APRIL 13, 2023

This is why at The Charity CFO , we strive to provide relevant resources and support to ensure that your organization runs smoothly and efficiently. This week, we’ve rounded up 7 keys to nonprofit financial management. The Charity CFO specializes in helping nonprofits simplify their finances so they can be confident.

Nonprofit 52

Nonprofit Compliance Accounting Standards Budgeting 52

CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. This makes them versatile tools in various fields such as education, customer service, and even creative writing. For instance, could financial statements generated by ChatGPT withstand audit scrutiny?

Finance 52

Finance Accounting Auditing IFRS 52