The Charity CFO

DECEMBER 23, 2024

Successful nonprofits and for-profit businesses alike use a variety of key performance indicators (KPIs) to help track their organizations performance. Tracking donor retention rates can help you determine if your donor outreach and communications are working to create repeat donors. Get the free guide!

Nonprofit

CFO Dive

JULY 22, 2025

The FBI’s Internet Crime Complaint Center received 859,532 complaints of suspected internet crime in 2024, with reported losses exceeding $16 billion , a 33% increase over the prior year, according to a report released in April. You can unsubscribe at anytime. Informa PLCs registered office is 5 Howick Place, London SW1P 1WG.

Finance

Collectiv

NOVEMBER 16, 2021

The most valuable indicators of the financial health and position of an organization are the metrics that are tracked in financial statements—Balance Sheets, Profit and Loss Statements, Cash Flow Statements, Account Receivables, and more. Ready to learn a better way to visualize and present financial reporting?

Financial Reporting

CFO Simplified

AUGUST 14, 2022

Communicate with your bank on a regular basis. Produce stable, timely financial reports. You should be getting financial reports within 10 days of the close of the month for yourself to look at anyway. When rebuilding your relationship with your bank, it’s important that your financials are stable.

Banking

The Charity CFO

JANUARY 17, 2022

So you can understand what’s happening in your business and communicate effectively with your board members, donors, and financial team. The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . It’s a necessity. Well, you’ve come to the right place! Start right here (??)

Nonprofit

The Charity CFO

DECEMBER 27, 2023

Does your nonprofit have ownership of a for-profit entity? Whether your organization owns a for-profit company outright or has limited ownership, a for-profit subsidiary can have serious tax implications for your nonprofit. Nonprofits with excess holdings may face an excise tax on the value of shares over the limit.

Nonprofit

CFO Talks

AUGUST 21, 2024

Navigating IFRS , Key Updates and Changes Introduction In today’s fast-paced financial world, staying up to date with the latest International Financial Reporting Standards (IFRS) is critical for CFOs. CFOs must ensure stakeholders understand this shift and its implications for financial statements.

IFRS

The Charity CFO

APRIL 26, 2024

As a nonprofit leader, you know nonprofit accounting isn’t the same as for-profit business accounting. For example, your nonprofit owns a for-profit business , which could lead to complicated tax requirements or even loss of exempt status. How Do You Approach Financial Reporting for Nonprofits? Get the free guide!

Nonprofit

The Charity CFO

AUGUST 15, 2023

Myth #1: Nonprofit Accounting is Completely Different from For-Profit Accounting One reason accountants seeking a new role may steer clear of a nonprofit accounting position is that they assume the methods are completely different. In the for-profit world, revenue is typically only recorded when earned or cash has been collected.

Nonprofit

PYMNTS

MAY 4, 2016

Rather, their data must communicate, she said. People who are using fuel cards are getting these weekly or monthly invoice/reports that aren’t incredibly intuitive,” the executive said. They kind of just file them away.”. Last year, fleet company Decisiv assessed the average cost to a company when a vehicle is down.

Profit and Loss

The Finance Weekly

MAY 29, 2024

Understanding their financial status and performance is key for business growth. A study revealed that inefficiencies in the traditional FP&A role, like manual preparation of P&Ls, balance sheets, and cash flows, lead to an annual economic loss of $6.1 This lack of automatic communication between features can be frustrating.

Financial Planning and Analysis (FP&A)

Planful

JANUARY 11, 2022

As technology crunches the growing volumes of data, soft skills like critical thinking, problem-solving, and communication will become crucial for Finance to succeed. #1 Without AI, employees are burdened with hours of monotonous tasks like reporting and data reconciliation. 1 – Let AI do the heavy lifting.

Financial Planning and Analysis (FP&A)

Barry Ritholtz

SEPTEMBER 12, 2022

BITTERLY MICHELL: And so, you start to learn things like, well, so how do you say call option, how do you say puts — so as I was like chatting with different people or communicating with different people on — on Bloomberg, let’s say, I would then, you know, put — what are they saying? BITTERLY MICHELL: Yeah. RITHOLTZ: Right.

Investments

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.

GAAP

CFO Talks

SEPTEMBER 13, 2024

We develop financial strategies, direct the finance team, liaise with auditors and regulators, and produce annual financial statements. A big part of our work is ensuring compliance with International Financial Reporting Standards (IFRS). It’s essential to develop leadership, communication, and strategic thinking skills.

Finance