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Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? and also identified as one the Five Key Trends to Watch in 2022.

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The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. GAAP requires strict financial reporting, which may not align with the flexible, donor-centric data in fundraising software. Accounting rules suggest (and your auditors would require) that this gift be made in writing.

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Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

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What is Financial Planning and Analysis (FP&A)?

Spreadym

By analyzing cost structures, conducting cost-benefit analyses, and implementing cost control measures, organizations can improve efficiency, reduce unnecessary expenditures, and increase profitability. Data Management and Systems: FP&A analysts are responsible for managing financial data and ensuring data integrity.