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The top 10 in-demand shared services skills in the finance function

Future CFO

There are 10 most sough-after shared services skills in the finance and accounting function in the past year, said Gartner recently. Looking for the top finance shared services skills in the same place as everyone else is costly,” said Jessica Kranish, senior principal, research, Gartner. Accounting experience.

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. You need to get a better grasp of your organization’s finances now. The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. .

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Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

But that’s not quite true—nonprofits face a decision between 2 different accounting methods for tracking their financial activity: cash accounting vs. accrual accounting. Though both systems use the same numbers, looking at those numbers differently can give you a very different perspective on the state of your finances.

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AI in corporate finance: The top five use cases

Future CFO

When it comes to AI in corporate finance, there are five top use cases for FP&A leaders to consider, said Gartner recently. McDonald, senior director, research in the Gartner Finance practice. . The use cases were ranked according to their business value and feasibility of implementation, the advisory firm said.

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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. However, don't undervalue the significance of comprehending finance for your startup's survival. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

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Nonprofit Audit Checklist (+ Free PDF Download)

The Charity CFO

A financial statement audit is a thorough review of your financial statements to determine if your financial statements present fairly, in all material respects, in accordance with generally accepted accounting principles. For more detail, refer to this article on permanent accounts.).

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The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance.