Centage

NOVEMBER 22, 2021

Building and managing an effective budget and plan can be daunting no matter what industry, but financial planning for nonprofits can be particularly difficult. For far too long, spreadsheet-based financial planning has been the standard. It’s all automated and GAAP compliant. The time for change is now. No programming.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

Cube Software

MAY 11, 2023

No business can survive without planning. The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. What is a pro forma financial statement?

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

The Charity CFO

JANUARY 11, 2023

All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. If you recognize revenue too early, you could be in violation of Generally Accepted Accounting Principles (GAAP). It’s important to recognize revenue when it’s earned and not before or after.

Nonprofit 52

Nonprofit GAAP Accounting Principles Auditing 52

Future CFO

JUNE 14, 2021

Only 52% of survey respondents believe that IFRS 17 earnings / equity will be slightly or much more helpful than current GAAP earnings / equity, and 54% believe that the need for non-GAAP reporting will either slightly or significantly increase.

IFRS 52

IFRS GAAP Auditing Planning 52

PYMNTS

FEBRUARY 20, 2020

As it sold more wearable devices and average selling price fell, which was driven by more affordable devices as well as higher promotions, Fitbit reported a non-GAAP net loss of $31 million for the fourth quarter. Earlier this month, reports surfaced that Google ‘s plan to buy Fitbit wasn’t proceeding as well as it had hoped.

GAAP 52

GAAP Forecasting Planning Retail 52

Centage

NOVEMBER 8, 2023

Building and maintaining an effective budget is daunting no matter what industry you’re in — but financial planning for nonprofits is especially tough. The best financial management software is totally automated and GAAP-compliant, and gets rid of the pain from errors cased by linking complex formulas and macros across spreadsheets.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Nonprofit Budgeting GAAP 52

CFO Share

NOVEMBER 15, 2023

As a small business owner or finance manager, it’s crucial to approach this process with a clear plan. An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Based on the audit findings, create an action plan to address any issues and refine your financial processes. What Do Financial Auditors Look For?

Auditing 52

Auditing IFRS GAAP Invoicing 52

PYMNTS

SEPTEMBER 7, 2017

According to reports in Nasdaq , Coupa’s non-GAAP losses of 10 cents per share were better than previous analysts’ estimates of 17 cents per share — and significantly better than the $1.83 Total GAAP operating loss stood at $14.4 million, with a non-GAAP loss at $5.7 million and non-GAAP losses of $9.6

GAAP 43

GAAP Corporate Finance B2B Finance 43

Boston Startup CFO

APRIL 3, 2023

Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. Robust contingency plans and proactive risk management strategies help organizations navigate unforeseen disruptions and maintain operational resilience.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

Centage

DECEMBER 21, 2023

hours for every report On-the-fly what-if scenarios 2-3 days per model Model major changes in hours >2 days for every what-if scenario “Prior to Centage I’d have a spreadsheet with 20 tabs, all of which were linked to a GAAP-based P&L on the first tab.

Budgeting 52

Budgeting GAAP Forecasting CFO 52

Centage

DECEMBER 19, 2023

Another source of pain is when integrated cash flow reports are based on GAAP accounting rules, not formulas, but aren’t supported in the planning and forecasting software application a business is using. Often, it required capital spend to get it done.

Cash Flow Forecasting 52

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 52

PYMNTS

FEBRUARY 27, 2020

The payments firm also said it was reaffirming first0quarter 2020 GAAP and non-GAAP EPS guidance. “At PayPal plans to provide further updates on its first-quarter earnings call in April. Because PayPal’s diversified business performed strong quarter-to-date, that partially offset the 1 percent negative impact.

GAAP 52

GAAP Manufacturing Forecasting Currencies 52

Planful

JULY 5, 2016

But Robert Kugel , SVP and Research Director at Ventana Research, recently published an article highlighting the impact the new guidelines can have on budgeting and planning. However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. Background – What’s Changing and When?

Budgeting 40

Budgeting IFRS Planning GAAP 40

CFO Share

NOVEMBER 11, 2023

Similar to depreciation, amortization has different treatment for taxes versus GAAP financial statements. For small business owners, the key takeaway is that while amortization of intangible assets is part of accounting compliance, it shouldn’t be a priority in your strategic planning or financial decision-making.

GAAP 52

GAAP Accounting Standards Strategic Planning Compliance 52

The Finance Weekly

MARCH 25, 2024

His main job is to handle all money matters at SoFi, like planning, accounting, and dealing with investors. His main gigs included handling all the financial operations like accounting and financial planning, crafting financial strategies to boost the business, and managing relationships with investors and banks.

CFO 97

CFO Finance Forecasting GAAP 97

Future CFO

SEPTEMBER 15, 2021

Knowledge of GAAP. An understanding of the Generally Accepted Accounting Principles (GAAP) and of compliance with them. Experience working with enterprise resource planning (ERP) tools. In addition to Greater Mumbai, Gurgaon and Bengaluru — the Indian cities of Chennai, Delhi, Pune and Hyderabad are good options for this skill.

Finance 75

Finance GAAP Accounting Principles Accounts Payable 75

Centage

JANUARY 31, 2022

Or perhaps your integrated cash flow reports are based on GAAP accounting rules, not formulas, but aren’t supported in your current planning and forecasting software application. Perform What-If Analysis Now more than ever, company’s need to start scenario planning for a wide range of potential business challenges and opportunities.

Cash Flow Forecasting 98

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 98

The Charity CFO

JANUARY 5, 2023

When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). A nonprofit budget is a planning document that helps predict expenses, allocate resources, and monitor ongoing operations throughout the year. Bring GAAP compliance. A Nonprofit Budget. Keep your donors informed.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

PYMNTS

JULY 17, 2017

In a press release late Friday announcing the news, Target said it now expects a modest increase in its second quarter comparable sales and that it anticipates reporting Q2 2017 GAAP and Adjusted EPS Target shares above the high end of its previous guidance range of $0.95 Both GAAP and Adjusted EPS are expected to reflect a $0.05

GAAP 40

GAAP Sales Forecasting Retail 40

Future CFO

APRIL 18, 2022

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

Finance 52

Finance IFRS GAAP Accounting Principles 52

Planful

JULY 27, 2016

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Reducing Reliance on Spreadsheets for Budgeting, Planning, and Reporting. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

PYMNTS

NOVEMBER 12, 2020

The retailer has also launched in-depth plans to handle lines at its 800+ retail locations throughout the country. per diluted share) on a non-GAAP basis on approximately $2.71 Safety measures put into place at all Dick’s Sporting Goods, Field & Stream and Golf Galaxy stores in March will be expanded over the holiday season. "We

GAAP 52

GAAP Retail Sales Planning 52

PYMNTS

AUGUST 12, 2020

Given the state of the economy and uncertainty over another stimulus plan, the timing could be just right. Square’s net loss for Q2 was $11 million on a GAAP basis. Last month, PYMTS reported that six in 10 Americans are living paycheck to paycheck , with a survey finding that 24 percent don’t make enough to cover basic expenses.

Profit and Loss 70

Profit and Loss GAAP Investments Planning 70

E78 Partners

SEPTEMBER 21, 2023

Conduct Comprehensive Account Reconciliations Transitioning from a Cash basis to US GAAP accrual basis accounting is essential, providing a more accurate representation of an organization’s financial position. Such a roadmap, by design, ensures that the audit’s execution is both smooth and methodical.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

The Charity CFO

NOVEMBER 10, 2022

As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. A solid picture of finances helps with strategic planning, identifying new fundraising opportunities, and evaluating program effectiveness. Utilize cutting-edge technology.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

Cube Software

MAY 10, 2023

This could be retail stores offering layaway plans or a media company offering subscriptions to streaming services. If you pay for an annual subscription to a web-hosting plan, you’re only using the service a month at a time. It is important to accurately track and report unearned revenue, so you can properly manage profit margins.

GAAP 52

GAAP Profit and Loss Accounting Principles Financial Data 52

The Charity CFO

AUGUST 15, 2023

Myth #3: Nonprofit Accounting (GAAP) and the IRS Rules are the Same Another common misconception is that GAAP and IRS rules are the same when it comes to nonprofits, however, they are not. Budgeting and Planning Budgeting and planning are two essential aspects of a nonprofit accounting system.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52

Strategic Treasurer

MARCH 6, 2023

In this podcast, Craig Jeffery and Jason Campbell talk through some of the important questions regarding financial planning and analysis. So, there’s elements on the collection side and the disbursement side where you have to treat liquidity as different from GAAP cash. How does the language of FP&A differ from treasury?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

The Finance Weekly

FEBRUARY 20, 2022

Or perhaps your integrated cash flow reports are based on GAAP accounting principles rather than formulas, but your existing planning and forecasting software application doesn't support them. Now more than ever, company’s need to start scenario planning for a wide range of potential business challenges and opportunities.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Cash Flow Forecasting Forecasting GAAP 52

PYMNTS

JULY 17, 2019

and the acquisition is part of its plan to gain a larger foothold in India’s hotel and flight ticketing market, according to a July 17 press release. Once the plan is fully executed, Raina said it can provide 40 to 75 cents of accretion to the Ebix non-GAAP EPS. “We Ebix said the deal has an enterprise value of $337.8

GAAP 43

GAAP eCommerce Planning Investments 43

PYMNTS

NOVEMBER 28, 2016

The investor, CtW Investment Group, an activist firm that is also union-backed, has requested that the Securities and Exchange Commission investigate the reporting behind T-Mobile’s nonstandard accounting efforts and also how it records and presents info tied to customers who have defaulted on phone installment payment plans.

GAAP 40

GAAP Reconciliations Planning Accounting 40

Michigan CFO

MARCH 30, 2023

Without an exit plan, you could find yourself in a difficult situation if something happens and you have to sell your business or retire. We’ll also provide tips on how to create an effective exit plan. An exit strategy is a business plan that outlines how you will leave your business when the time comes.

CFO 40

CFO GAAP Sales Planning 40

Onplan

DECEMBER 16, 2021

As an example, let’s say one of your customers purchases a 3-year plan at $10,000 per year that bills annually. According to GAAP standards , revenue can only be recognized once it is ‘earned’. Bookings is a forward-looking metric that refers to the value of contracts signed with customers. Your bookings on the contract are $30,000.

GAAP 59

GAAP Invoicing Forecasting Financial Systems 59

PYMNTS

FEBRUARY 5, 2018

Last year, the company posted a GAAP net loss of $10.3 We continue to execute against our strategic plan and deliver strong results,” the company’s President and CEO Rob Eberle said in a statement. That marks a 14 percent increase compared to the same quarter a year prior, Bottomline said. Overall, revenues for Q2 hit $95.2

Technology 40

Technology GAAP Strategic Planning B2B 40

PYMNTS

OCTOBER 31, 2019

The company also plans to harness Deep Brew in ways that free up its partners so they can spend more time connecting with customers. The plan is an important differentiator for the future, as Starbucks continues to build out its AI capabilities to better support partners. Starbucks reported revenue of $6.75 billion and $0.70.

GAAP 40

GAAP Investments Planning Sales 40

Onplan

DECEMBER 16, 2021

As an example, let’s say one of your customers purchases a 3-year plan at $10,000 per year that bills annually. According to GAAP standards , revenue can only be recognized once it is ‘earned’. Bookings is a forward-looking metric that refers to the value of contracts signed with customers. Your bookings on the contract are $30,000.

GAAP 52

GAAP Invoicing Forecasting Financial Systems 52

CFO Leadership

OCTOBER 10, 2023

AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.), With a large and diverse enough data set (e.g.

Finance 95

Finance Accounting Auditing IFRS 95