CFO Talks

NOVEMBER 29, 2024

For newly qualified accountants aspiring to become CFOs, mastering technical skills early on is essential. When you’re young, focus on deeply understanding the core accounting principles, financial reporting, and regulatory compliance.

CFO 95

CFO Auditing Leadership Finance 95

The Charity CFO

APRIL 5, 2022

Cash accounting does not comply with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations. So if you expect to grow or search for new sources of funding, you’ll probably need to graduate to accrual-basis accounting. Also, revenue must be recorded when it is actually or “constructively” received.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

CFO News Room

JANUARY 23, 2023

Stanley Black & Decker, which was able to carry out a $290 million inventory reduction in the quarter, cut its annual guidance for diluted earnings per share under generally accepted accounting principles to between 10 cents and 80 cents per share from a range of 80 cents to $2.05

CFO 100

CFO Accounting Principles Corporate Finance Finance 100

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

Spreadym

JULY 14, 2023

Remember that financial modeling requires a solid understanding of financial concepts, accounting principles, and industry-specific knowledge. They consider project-specific factors, such as construction costs, operating expenses, revenue streams, financing structures, and cash flow projections over the project's life cycle.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Valuation Budgeting 52

Cube Software

MAY 11, 2023

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results.

GAAP 40

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