CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud. A CFO is innovative, high-level, and less detail-oriented.

Financial Planning and Analysis (FP&A)

The Charity CFO

JULY 19, 2024

Common nonprofit bookkeeping tasks include: Recording donations Entering accounts payable and receivable Organizing and reviewing bank statements Maintaining the general ledger These everyday financial duties help bookkeepers provide a clear and up-to-date picture of the nonprofit’s financial status.

CFO

Future CFO

SEPTEMBER 21, 2020

Think for a moment about how beneficial it would be to work off a single general ledger from anywhere, at any time and in real-time. But for the finance function to capitalise on new technologies, and thus keep pace with the changes in the business world, the finance professionals within those departments must continue their education.

Accounting

PYMNTS

AUGUST 5, 2016

The CEO explained that, traditionally, accountants would print out reconciliations and store them in binders; auditors would then take a sample of those reconciliation documents and match those against the general ledger. “That is an unbelievably antiquated way of testing anything,” Tucker stated.

Accounting

BlueLight

JULY 16, 2020

For me, the social purpose is rooted in education and literacy. Finance and accounting consist of many niches: accounts receivable management, invoice collection, bill approval, general ledger data entry, bank reconciliation, expense reports, payroll taxes, income tax, compliance, and so on.

Startups

The Charity CFO

APRIL 25, 2024

Categorizing transactions, reporting income, and meeting compliance requirements can be overwhelming. Compliance First and foremost, a good accounting system is going to make it easy to stay compliant. For nonprofit organizations, accounting comes with a lot of complexity. What is the actual goal in a nonprofit accounting setup?

Nonprofit