CFO Share

NOVEMBER 11, 2023

Similar to depreciation, amortization has different treatment for taxes versus GAAP financial statements. As a result, when given the option, your accountant should amortize an intangible asset faster for taxes and slower for company books. This tactic maximizes book earnings while minimizing tax burdens.

GAAP 52

GAAP Accounting Standards Strategic Planning Accounting 52

VCFO

NOVEMBER 1, 2023

Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory. It is critical to engage in strategic planning for the year ahead. It is important to ensure that is happening.

Finance 88

Finance Strategic Planning Auditing CFO 88

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.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

BlueLight

JULY 30, 2020

Post Series B, it becomes a full-time job to support strategic planning. Building strategic goals with the CEO and Board of Directors, then making sure the functional organizations get the information they need to execute on the strategy.” Their value is in strategic planning. Strategic planning ?—?Many

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

CFO Talks

OCTOBER 1, 2024

The conversation about the underinvestment in intangible assets in South Africa, and the challenges of accounting for these assets (due to subjective accounting treatments), directly impacts how CFOs approach financial reporting. IFRS, US GAAP). The interview highlights how companies that invest more in intangible assets (e.g.,

Leverage 52

Leverage Investments Economics Accounting 52