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Strategic Finance Focus at Year-End

VCFO

Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory. Changing how revenue is reported impacts EBITDA and also balance sheet items such as deferred revenue and deferred expenses.

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Highest Paid CFOs in the World in 2024

The Finance Weekly

(GOOGL) stock worth over $20 million, his financial portfolio is quite diversified. Anthony Noto Anthony Noto, a famous finance executive and former NFL exec, now wears the CEO and CFO hats at a fintech company named SoFi. His main job is to handle all money matters at SoFi, like planning, accounting, and dealing with investors.

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Nonprofit Accounting Services: The Right Solution

The Charity CFO

Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting.

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Breaking Down the FP&A Function of the CFO Suite

BlueLight

Traditionally, the chief financial officer (CFO) is responsible for tracking the company’s past and present financial situation and ensuring on-time and accurate financial reporting. Today, the CFO is expected to inform strategic decisions that drive the success of the company. Let’s get into the details.

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Best Practices from the CFO Suite

BlueLight

The financial implication of these decision is critical and the CFO is the executive helping the CEO navigate these decisions. Historically, the CFO role was focused on backward looking information: ensuring on-time and accurate financial reporting. The following are select responses from the finance leaders.

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