CFO Share

JUNE 27, 2024

How a CFO Ensures Compliance in Financial Reporting Reliable financial statements are crucial for business management, but ensuring compliance may feel like a luxury in the resource-constrained world of small business. How can a small business ensure compliance in reporting without overspending on accounting staff and audits?

Financial Reporting 52

Financial Reporting Compliance CFO Auditing 52

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. An acquisition adds complexity to the financial reporting and audit process, so it’s important to be proactive and prepared.

Auditing 59

Auditing Valuation Concentration Reconciliations 59

The Charity CFO

OCTOBER 9, 2024

The Core Functions of Accounting Software Like fundraising software, accounting software uses technology to simplify your bookkeeping and accounting processes. Instead, accounting software prioritizes accuracy, standardization, and regulatory compliance. Contact us today to learn more! Get the free guide!

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

CFO Share

APRIL 3, 2024

What to Look for in a Bookkeeper Finding a bookkeeper is more than searching for a vendor; it’s about finding a teammate—a professional who understands the importance of accuracy and timeliness in financial reporting. Discuss their approach to managing high-volume work periods and how they prioritize tasks.

Communication 52

Communication Prioritization Accounting Standards Financial Reporting 52

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

The Charity CFO

AUGUST 15, 2023

To support and maintain the organization’s tax-exempt status, nonprofit accountants have to understand and adhere to IRS rules for: Tax-exempt organizations Reporting requirements Maintaining proper documentation Reporting Financial reports and statements provide a transparent view of the organization’s financial performance.

Nonprofit 52

Nonprofit Accounting Profit and Loss Budgeting 52