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How to Comply with Accounting Standards for Nonprofits

The Charity CFO

Accounting standards for nonprofits are probably not the first thing you think about, but are crucial for your organization to succeed. Because of their unique structure and operational model, nonprofits must comply with various accounting standards that are, in many ways, different from for-profit organizations.

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have. What is financial reporting software?

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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Overview of the PCAOB and AICPA The Public Company Accounting Oversight Board (PCAOB) is a regulatory body established by the Sarbanes-Oxley Act of 2002 in response to corporate accounting scandals like Enron and WorldCom.

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IFRS 17 disclosures improvements needed: FRC

Future CFO

The Financial Reporting Council (FRC) calls for IFRS 17 disclosures improvements in its recently published IFRS 17 'Insurance Contracts' thematic review.

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The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

The Core Functions of Accounting Software Like fundraising software, accounting software uses technology to simplify your bookkeeping and accounting processes. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements. Create a monthly reconciliation process between both databases.

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How to best prepare for an audit post-acquisition

E78 Partners

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.

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IBM Cognos Controller: Financial close management managed by the office of finance

Future CFO

The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO. DOWNLOAD NOW.

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