Spreadym

SEPTEMBER 22, 2023

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.

Communication 59

Communication Leadership Financial Reporting Prioritization 59

The Charity CFO

FEBRUARY 20, 2025

A well-crafted budget is a reflection of your mission and a roadmap to financial sustainability. It helps you communicate how you’re going to make the difference you want to see in the world. It can be a tool to galvanize your team, community, and supporters. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Budgeting Prioritization CFO 52

E78 Partners

JUNE 17, 2025

Successful firms prioritize the right synergies from Day One. Sponsors also compare KPIs, financial reporting cadence, and procurement models to determine operational compatibility. They assess executive incentives, communication structure, and change readiness to avoid disruption during the transition.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Prioritization Leadership Concentration 52

The Charity CFO

JANUARY 8, 2025

” This concept of creating space for focused, distraction-free work served as the foundation for many of MCEA’s policies, including their communication strategies and the 32-hour workweek. Do You Struggle to Make Sense of Your Financial Statements? If you need help with your accounting and bookkeeping, lets talk.

Leadership 52

Leadership Nonprofit Strategic Planning Prioritization 52

The Charity CFO

FEBRUARY 19, 2025

Erin stresses that this clarity should permeate all aspects of the organization, from internal communications to external marketing materials. This deep knowledge of donor motivations and preferences is crucial in crafting effective communication strategies that resonate with supporters. Want to jump right in?

Nonprofit 52

Nonprofit Communication CFO Prioritization 52

CFO Plans

APRIL 14, 2025

Developing a Financial Disaster Management Guide In the face of financial adversity, having a disaster management guide is a lifesaver. This guide should outline clear steps to take during financial crises, including emergency contacts, resource allocation, and communication strategies.

Auditing 52

Auditing Compliance CFO Financial Reporting 52

The Charity CFO

FEBRUARY 12, 2025

According to Sheri’s research, organizations that can quantify and communicate how they’re changing lives are 68% more likely to win grants compared to those who only report on outputs (e.g. Book a FREE consultation here Do You Struggle to Make Sense of Your Financial Statements? number of people served).

Nonprofit 52

Nonprofit Leadership Communication Prioritization 52

CFO Talks

APRIL 8, 2025

Holding an MSc, BSc, and FCCA qualification, Julius has made a remarkable impact in the finance sector, earning multiple prestigious awards, including the Chief Finance Officer of the Year Sustainability Award (2023) and the Financial Reporting Award (2023). I then communicate solutions effectively without antagonizing any party.

CFO 52

CFO Leadership Auditing Finance 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. Decision Making : Financial reporting dashboards enable data-driven decision making by providing stakeholders with timely and accurate information.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Embark With Us

MARCH 20, 2025

Aligning financial reporting systems, tracking and realizing efficiencies, and continuously monitoring financial performance are essential to support patient care and ensure the merged entity's success. Steps for Standardization: Conduct an audit of existing financial reporting and ERP systems in both organizations.

Healthcare 52

Healthcare Auditing Compliance Leadership 52

The Charity CFO

DECEMBER 11, 2024

This approach recognizes that the traditional either/or mentality of prioritizing work over personal life (or vice versa) is outdated and ineffective. Transparency and Clear Communication: Leaders should strive to be clear in their expectations and communications, eliminating the need for employees to “read between the lines.”

Nonprofit 52

Nonprofit Leadership Prioritization Problem Solving 52

E78 Partners

JUNE 16, 2025

Whether it is poor post-close planning, misjudged synergy estimates, or ineffective communication across teams, failure tends to follow patterns. Inconsistent Financial Reporting and Controls: A lack of visibility into financial data, reporting cadence, or compliance frameworks can result in missed targets and stakeholder distrust.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Leadership Profit and Loss Communication 52

Fpanda Club

FEBRUARY 1, 2021

Though some activities, such as financial reporting, budgeting and forecasting are periodic, they are always characterized by tough deadlines to be respected. Communication skills. Interaction and collaboration with each of them require juggling different behaviours and communication styles.

Finance 130

Finance Communication CFO Prioritization 130

The Finance Weekly

JANUARY 1, 2023

2) The Importance of Trustworthy, Independent SOC Reports in FP&A. Some tips from the article include how to consolidate data, how to prioritize KPIs, why it’s important to use integrations, and the best way to conduct financial automation. Read the FP&A Software Solution Comparison here. Read the , full article.

Finance 98

Finance Economics Compliance Forecasting 98

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

Bramasol

JULY 22, 2023

IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term. The CSRD is intended to revamp and expand information that was already required to be reported since 2017 under the EU’s existing Non-Financial Reporting Directive (NFRD).

IFRS 92

IFRS Accounting SAP Compliance 92

The Charity CFO

DECEMBER 30, 2024

Supportive Work Environment: The organization prioritizes creating a workplace where employees feel valued and supported. Storytelling: Effectively communicating the organization’s mission and impact has been crucial in attracting both employees and volunteers. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit Leadership Performance Measuring CFO 52

E78 Partners

JANUARY 5, 2024

An acquisition adds complexity to the financial reporting and audit process, so it’s important to be proactive and prepared. Orientation and Training: Provide management with detailed training on acquisition-related accounting topics that impact financial reporting and the audit process.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

CFO Talks

OCTOBER 10, 2024

By identifying key profit drivers and improving financial reporting , the business was able to grow efficiently and profitably. Whether you’re an SME seeking cost-effective financial leadership or a large organization needing specialized support, fractional CFOs are proving to be a game-changer for businesses worldwide.

Leadership 98

Leadership CFO Communication Accounting 98

CFO Share

SEPTEMBER 12, 2024

The first step after a sudden CFO departure is assessing the company’s immediate financial needs. Prioritize urgent processes such as cash flow management, ongoing projects, and upcoming deadlines for financial reporting. What to Do When a CFO Leaves?

CFO 52

CFO Compliance Communication Prioritization 52

CFO Plans

MAY 2, 2024

Whether you need outsourced bookkeeping services or advanced financial reporting, your partner should be able to accommodate your needs without disruption. Assessing Communication and Collaboration Effective communication and collaboration are key to a successful partnership.

Accounting 52

Accounting Problem Solving Communication Compliance 52

The Charity CFO

MAY 8, 2023

To achieve this, nonprofit organizations should prioritize transparency, authenticity, and accountability in their fundraising efforts. Regular communication with donors is imperative to support the efforts toward individual giving. The most successful events prioritize engagement and relationship-building. Get the free guide!

Nonprofit 52

Nonprofit Prioritization Communication Planning 52

The Charity CFO

JUNE 27, 2024

You’ll likely have to prioritize the most important roles to hire for immediate success. Providing regular financial reports to the board of directors and other stakeholders. Lead with Communication and Transparency Communication and transparency are essential for the success of your organization.

Nonprofit 52

Nonprofit Leadership Strategic Planning Communication 52

The Charity CFO

JULY 1, 2024

There’s a wide range of accounting services your organization might need, including: Bookkeeping Financial reporting Tax preparation Audit support These key services are vital to maintaining the financial health of your organization. You should also choose nonprofit accounting services that prioritize nonprofit data privacy.

Nonprofit 52

Nonprofit Accounting Budgeting Accounting Firms 52

CFO Talks

MARCH 13, 2024

The role has evolved significantly over the years , transitioning from a focus on financial controls and Wall Street management to a more dynamic and multifaceted position. Today’s CEOs expect their CFOs to be strategic visionaries, business partners, effective communicators, and creators of value.

Prioritization 40

Prioritization Communication CFO Restructuring 40

Future CFO

MAY 28, 2020

As the outbreak coincided with the Chinese New Year holidays and colleagues were on leave in their respective home provinces, timely and relevant communication was a challenge. The finance function in China focused on the following key areas when dealing with situation: Timely closing of books Supporting operations Communication.

Finance 40

Finance Communication Prioritization Invoicing 40

The Charity CFO

SEPTEMBER 23, 2024

To recruit–and retain–top leadership talent, consider these hiring strategies: Prioritize mission alignment during the hiring process by looking for candidates who believe strongly in the organization. Create open channels of communication and feedback loops so leadership stays in contact with non-leadership teams. Get the free guide!

Nonprofit 52

Nonprofit Leadership Communication CFO 52

The Charity CFO

JULY 2, 2024

Once you have a clear picture of your current operations, you can start prioritizing pain points. Implementing financial management software: Accounting and financial software tools, like QuickBooks , streamline accounting, bookkeeping, and financial reporting. Get the free guide!

Nonprofit 52

Nonprofit Auditing Prioritization CFO 52

The Charity CFO

OCTOBER 9, 2024

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Accurate and transparent financial data makes it easier for stakeholders and regulators to understand an organization’s financial health.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO Share

APRIL 3, 2024

What to Look for in a Bookkeeper Finding a bookkeeper is more than searching for a vendor; it’s about finding a teammate—a professional who understands the importance of accuracy and timeliness in financial reporting. Excellent Communication Skills Effective communication is critical for outsourced bookkeepers.

Communication 52

Communication Accounting Standards Prioritization Financial Reporting 52

PYMNTS

OCTOBER 29, 2018

More than 670 professionals at mid-sized and large firms were asked about how they collaborate with human resources and IT departments, both areas of the enterprise that have significant impacts on financial management.

CFO 58

CFO Corporate Finance Finance Risk Management 58

VCFO

JUNE 29, 2023

A CFO will evaluate financial performance, and bring attention to potential issues. They also rely on the CFO’s leadership, providing up to date communication, and accurate financial reporting. Additionally, a fractional CFO can add capacity by taking on select projects and provide specialized expertise as needed.

Nonprofit 67

Nonprofit Finance CFO Compliance 67

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. Open lines of communication with relevant departments help ensure data accuracy and expedite the audit process by addressing potential concerns upfront​.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

E78 Partners

NOVEMBER 12, 2024

Preparing for a financial audit can be a daunting task, especially for private equity-backed firms where accuracy and efficiency are paramount. Open lines of communication with relevant departments help ensure data accuracy and expedite the audit process by addressing potential concerns upfront​.

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. The position of Chief Financial Officer has evolved significantly over the past few decades. As organizations face new challenges and opportunities in a changing world, the role of the CFO will continue to expand and evolve.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. Instituting a stable workflow environment around the technology can make the transition easier for everyone.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

The Charity CFO

JULY 31, 2023

Open communication within the organization guarantees that conflicts are managed appropriately, helping to uphold the nonprofit’s mission and maintain the confidence of donors, beneficiaries, and the public. Do You Struggle to Make Sense of Your Financial Statements? Get the free guide!

Nonprofit 52

Nonprofit Prioritization Compliance Accounting 52