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Key Mistakes of Communication in Financial Teams

Spreadym

Effective communication in financial teams is crucial for making informed decisions and achieving organizational goals. However, several key mistakes can hinder effective communication in this context. Financial professionals should strive for clear and concise communication that everyone on the team can understand.

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Nonprofit Leadership: Using Data for Better Decision-Making

The Charity CFO

Leveraging Data in Nonprofit Leadership How can you use data effectively as a nonprofit leader? You can use data to help track the outcomes of your programs, such as participant numbers or revenue. You can use donor data to create communication and cultivation strategies that are more likely to hit the mark with donors.

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Turning challenges into opportunities: being a financial controller in 2024

Future CFO

As the person responsible for preparing an organisation’s financial reports, which include balance sheets and income statements, the role of a finance controller is anything but ordinary. Succeeding amid challenges “Success as a controller relies on an entrepreneurial mindset, analytical rigour, and adept leadership,” says Leonardo.

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How to Build Shareholder Trust with Reliable Financial Reports

Planful

In an ideal world, financial reports should build shareholder trust by offering accurate data about the performance of the company. In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. Create Detailed, Transparent Reports.

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How You Can Set a Highly Ethical Example in Financial Leadership

The Finance Weekly

The Association of Certified Fraud Examiners’ (ACFE) 2020 Report to the Nations found that many fraud risks increase in small businesses (meaning, under 100 employees) than in large businesses. Unfortunately, a number of SME owners, CEOs, and other leaders play in the gray or are entirely concerned by the ethics of their business practices.

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A Modern Nonprofit Podcast: Characteristics of an Executive Director

The Charity CFO

When talking with Tamela, we hear a powerful message from her leadership experience within the organization and when it comes to serving others. Defined as ‘a group of items viewed as a whole rather than individually,’ this is a key viewpoint of leadership. Having perspective allows a leader to be forward thinking and proactive.

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4 Types of Financial Reports Every FP&A Team Should Be Using

Planful

The FP&A team is numbers-oriented, but also requires a great deal of communication skills. The financial reporting manager must be able to clearly explain specific financial concepts at a high level for busy executives. Department Budget vs. Actual Reports.