Boston Startup CFO

APRIL 3, 2023

Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. If you lack knowledge in accounting principles, you open yourself up to many potential risks, including inaccurate financial statements which can hinder your ability to make informed decisions.

Accounting 52

Accounting Accounting Principles GAAP Startups 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). Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

SAP 59

SAP General Ledger Compliance Accounting Standards 59

The Charity CFO

JULY 19, 2024

They also help nonprofit leaders maintain compliance with legal standards and tax regulations. They’ll need to provide strategic planning, financial forecasting, and risk management while working with the board of directors. Properly managing an organization’s taxes helps ensure the nonprofit maintains its exempt tax status.

CFO 52

CFO Accounting Nonprofit General Ledger 52

Spreadym

OCTOBER 3, 2023

FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning. Technical Skills: Proficiency in financial software, accounting principles, and ERP systems is valuable.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Financial Analysis Budgeting Financial Modeling 59

The Charity CFO

NOVEMBER 10, 2022

Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. 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. Improves compliance.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

CFO Leadership

AUGUST 12, 2021

Kim works closely with the CEO to develop strategic plans while focusing on financial matters to enhance the quality of the daily operations. Kim Nguyen, CFO, Industrial Management Training Institute (IMTI).

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

Boston Startup CFO

OCTOBER 29, 2012

Accountant: If your financial status doesn’t warrant hiring a CFO, you still need financial support; at the very least, you’ll need help with your day-to-day accounting and regulatory compliance. You can also hire a consulting group to provide accounting support on a project basis.

Startups 52

Startups Mergers and Acquisitions (M&A) GAAP Accounting Principles 52