CFO Dive

NOVEMBER 27, 2024

The new GAAP guidance stems from a request made by Big Four accounting firms and comes as the convertible bond market is regaining steam.

GAAP 249

GAAP Accounting Firms Accounting Marketing 249

The Charity CFO

JANUARY 21, 2022

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

Nonprofit 98

Nonprofit Accounting GAAP Accounting Principles 98

Bramasol

MAY 13, 2024

Key responsibilities of the PCAOB include: Setting Standards: The PCAOB establishes and enforces auditing, attestation, quality control, and ethics standards for registered public accounting firms. Enforcement: The PCAOB has the authority to discipline accounting firms and individuals for violations of PCAOB rules and securities laws.

Auditing 83

Auditing Compliance SAP Accounting Standards 83

The Charity CFO

JANUARY 17, 2022

Cash accounting may be a good choice for some small nonprofits with funding challenges. Accrual accounting is required by Generally Accepted Accounting Principles (GAAP), which means that you’ll need accrual-based reports to complete a nonprofit audit. Check out this article to learn more about fund accounting.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

OCTOBER 25, 2019

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. As the letter notes, U.S.

Finance 40

Finance GAAP Compliance Accounting Standards 40

The Charity CFO

JULY 12, 2024

Adopting the accrual method ensures compliance with Generally Accepted Accounting Principles (GAAP) and other relevant standards. Moving from cash-basis to accrual-basis accounting can help your nonprofit better manage its financial health and improve transparency.

Nonprofit 52

Nonprofit Accounting Budgeting GAAP 52

BlueLight

MAY 1, 2020

The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The Controller is responsible for accounting and financial reporting. The popular software tools include Bill.com for billing and invoicing, and QuickBooks for accounting and reporting.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52