The Charity CFO

APRIL 1, 2025

This section outlines how to: Build the right team : CFOs, bookkeepers, and support roles Implement cloud-based accounting and payroll systems Shift to accrual-basis accounting for accuracy Ensure timely, consistent financial reporting These basics allow you to grow confidently without chaos behind the scenes. Get the free guide!

Nonprofit 89

Nonprofit CFO Leadership Cash Flow Forecasting 89

CFO News Room

NOVEMBER 2, 2022

Chris Stanley is the Founding Principal of Beach Street Legal LLC, a law practice and compliance consultancy whose sole purpose is to help entrepreneurial investment advisers and financial planners succeed. Compliance policies and procedures manual. Financial-records-disclosure authorization form. Author: Chris Stanley.

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Compliance GAAP Investments Securities 130

CFO Share

JUNE 25, 2024

Financial Reporting Help: Avoiding Common Mistakes in Financial Reporting As a small business owner, you rely on accurate financial statements to make informed decisions and drive your business forward. You’re not alone if you’re feeling suspicious or frustrated with your current business reporting.

Financial Reporting 52

Financial Reporting Reconciliations Cash Flow Forecasting CFO 52

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Automation reduces human error, which is one of the biggest risks in financial reporting.

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Financial Reporting Auditing Compliance CFO 52

CFO Talks

APRIL 15, 2025

Reports get submitted. Reconciliations get done. Accountability Is More Than Compliance Finance professionals are trained to be cautious. Compliance is non-negotiable, of course. Take reporting deadlines as an example. Submitting reports on time is a compliance requirement. Reports are produced.

Accounting 52

Accounting Forecasting Auditing Compliance 52

Future CFO

MARCH 27, 2025

Leslie Joseph , principal analyst at Forrester , believes companies must go beyond compliance checkboxes and implement robust data governance in connection with the release of the EU AI Act, as regulations will evolve, but finance teams that embed strong data and AI governance today will gain a long-term competitive edge.

Compliance 52

Compliance Financial Planning and Analysis (FP&A) Forecasting Financial Analysis 52

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

The Finance Weekly

FEBRUARY 22, 2025

Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data. Scenario Planning - Utilize AI-powered "what-if" modeling to assess financial outcomes and optimize strategies. Period Close Management - Automate account reconciliation and reduce financial close cycles.

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Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

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SAP IFRS GAAP Compliance 91

CFO Talks

SEPTEMBER 5, 2024

Whether it’s streamlining financial reporting, enhancing data accuracy, or ensuring compliance with South African regulatory standards, clearly defining these objectives will guide the entire design process. Choosing the Right Software and Technology Selecting the appropriate financial software is a critical decision.

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IFRS GAAP Compliance Reconciliations 98

Future CFO

AUGUST 1, 2023

FutureCFO spoke to Deka to dig deeper into the topic: Which features/capabilities in financial applications are most in demand by mid-size enterprises? However, the demand for features/capabilities of financial applications can differ based on their company size, maturity, and business needs and goals.

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Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

MARCH 4, 2020

It’s a result, explained Gillette, of the legacy ERP no longer being suited to address the full range of businesses’ diverse financial and process management needs. He pointed to financial reporting as one example of this shift. Disruption Ahead.

Cash Flow Forecasting 104

Cash Flow Forecasting Accounts Payable General Ledger Corporate Finance 104

The Charity CFO

APRIL 29, 2022

What is a financial statement audit? This article will discuss financial statement audits for nonprofit organizations. We won’t deal with other types of nonprofit audits , like compliance audits or governmental audits, which can differ in certain respects. And do you need one? . Step 2: The nonprofit audit checklist.

Nonprofit 104

Nonprofit Auditing General Ledger Reconciliations 104

The Charity CFO

FEBRUARY 4, 2022

Prepare bank reconciliations. They organize the data and ensure accuracy so the accountant can create reliable and timely financial reports. On top of that, nonprofit bookkeeping requires staying updated on income tax changes and filing requirements to ensure compliance. . Record and classify payments and bank transfers

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Nonprofit Invoicing General Ledger Accounting 92

Future CFO

APRIL 18, 2022

The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO. DOWNLOAD NOW.

Finance 52

Finance IFRS GAAP Accounting Principles 52

The Charity CFO

OCTOBER 9, 2024

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Accurate and transparent financial data makes it easier for stakeholders and regulators to understand an organization’s financial health. Let’s consider an example.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO Talks

OCTOBER 3, 2024

Regular Reconciliations : Perform surprise cash counts and inventory checks and reconcile sales and deposit records frequently. Pressure from Management : Pay attention to any undue pressure from management to meet financial targets, which may lead to unethical adjustments or misreporting. Investigate any discrepancies promptly.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

The Charity CFO

JANUARY 19, 2023

There are ongoing efforts to establish International Financial Reporting Standards (IFRS) for nonprofits, which, if successful, could result in greater consistency and comparability of financial information across countries. Help protect against fraud, embezzlement, and mismanagement of assets and resources.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 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. 1] Robert Half and Protiviti are members of the Microsoft AI Cloud Partner Program.

Financial Planning and Analysis (FP&A) 115

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

CFO Plans

SEPTEMBER 24, 2024

Stay Ahead with Real-Time Financial Reporting Gone are the days of waiting for monthly reports to understand your financial position. With real-time financial reporting, businesses can now get instant insights into their financial health.

Accounting 52

Accounting CFO Compliance Financial Reporting 52

Bramasol

SEPTEMBER 8, 2024

It marks a substantial leap forward that is built on earlier revenue management systems, such as SAP Revenue Accounting and Reporting (RAR) and SAP Automated Revenue Management (ARM). Increased Accuracy : By automating calculations and providing advanced reporting tools, it improves the accuracy and reliability of revenue recognition.

SAP 64

SAP General Ledger Compliance Accounting Standards 64

E78 Partners

SEPTEMBER 21, 2023

Audits, while essential for maintaining the integrity and trustworthiness of an organization’s financial reporting, can be a daunting task. In tandem, preparing outstanding account reconciliations and rollforwards is a foundational step to guarantee that every transaction is captured and recorded with precision.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

Spreadym

JULY 10, 2023

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. The financial close process is crucial for ensuring accurate and reliable financial reporting.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

MAY 26, 2016

In an announcement on Wednesday (May 25), Tipalti revealed the rollout of an expanded AP platform that introduces new features for users, including invoice management, supplier onboarding, payment and reconciliation services. The new AP platform uses that information to provide real-time payment and financial reporting.

Accounts Payable 41

Accounts Payable Invoicing Reconciliations Compliance 41

CFO Simplified

JANUARY 5, 2024

Failure to promptly reconcile and monitor trust accounts may result in non-compliance with legal and ethical standards. Because of the compliance implications, reconciliation and oversight of these accounts is even more important than comparable oversight of the firm’s bank accounts. It belongs to your clients.

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Auditing Reconciliations Compliance Securities 52

CFO Plans

AUGUST 21, 2020

It is a series of actions that occur throughout an entity’s operations and is used to guide the operations by the management in order to achieve the objectives of an entity in relation to the operational effectiveness and efficiency, financial reporting reliability, and compliance with laws & regulations.

Compliance 52

Compliance Reconciliations Communication CFO 52

Future CFO

MAY 5, 2025

This is alongside a strong commitment to employee wellbeing, with a focus on initiatives on flexible or remote working, compliance with standard working hours, and providing increased rest days to foster a supportive work environment. Evolution of roles As the market progresses and shifts, so do the organisations and people.

Finance 52

Finance Reconciliations Compliance Communication 52

The Charity CFO

MARCH 2, 2022

You, and really oftentimes it’s an understanding of the compliance needs issue, um, and a skillset, frankly, rather than, rather than a… a number of bodies issue. I don’t know if my financial reports are inaccurate. You’ve seen a lot of financial reports. It’s a capacity issue.

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Nonprofit Auditing Reconciliations Accounting 89

CFO Plans

AUGUST 2, 2024

Artificial Intelligence and Machine Learning in Accounting AI and machine learning are automating repetitive tasks such as data entry and reconciliation. AI-driven tools can also provide valuable insights through predictive analytics, helping businesses make informed financial decisions.

Technology 52

Technology Accounting CFO Tax Planning 52

Planful

JUNE 3, 2021

Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. Eliminate manual tasks, overcome information silos, and ensure compliance while creating these statements, even as the company scales. Transform the Finance Consolidation Process.

Compliance 40

Compliance Reconciliations Currencies Finance 40

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Tax Reporting: For businesses operating internationally, multi-currency account reporting can help simplify tax reporting and compliance.

Currencies 52

Currencies Accounting Risk Management Compliance 52

The Charity CFO

JULY 19, 2024

Accountants run reports to help determine if the bookkeeping is done correctly. They also help nonprofit leaders maintain compliance with legal standards and tax regulations. What is a Chief Financial Officer (CFO)? Learn more about our nonprofit financial services by contacting us today ! Get the free guide!

CFO 52

CFO Accounting Nonprofit General Ledger 52

The Charity CFO

JANUARY 5, 2023

Poor financial reporting. Tax issues and non-compliance with regulatory requirements. Well, the answer lies in understanding and implementing these 7 essentials of nonprofit financial management. Ease the tax reporting. Bring GAAP compliance. Do You Struggle to Make Sense of Your Financial Statements?

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

CFO Talks

MARCH 20, 2024

Key Differences in Everyday Tasks: Reporting: The Controller prepares financial reports; the CFO reviews these reports and uses them to make decisions or plan strategies. This delineation of responsibilities highlights the synergy and division of tasks within an organization’s financial architecture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

The Finance Weekly

OCTOBER 13, 2021

Make a financial reporting strategy. One of the most difficult aspects of a merger or acquisition for finance experts is combining the financial data of two independent firms into one. It's impossible to optimize financial closing processes without first taking into account the hundreds of steps and people involved.

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Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

CFO Thought Leader

OCTOBER 6, 2024

Our humble beginnings evolved through trying to help accountants to close their books through account reconciliations, matching transactions, and managing the tasks of far-flung accounting operations. We have longtime customers who got in a long time ago, realized the value of our offerings, and committed to our products.

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CFO Leadership Tax Planning Problem Solving 52