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What to expect from accounting firms specializing in nonprofits

The Charity CFO

Is there an advantage to working with accounting firms specializing in nonprofits? However, running a nonprofit comes with unique challenges that require specialized expertise, particularly in financial management and accounting. However, managing grant funds can be complex and time-consuming.

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Talent retention in Southeast Asia: Accountants as valuable assets

Future CFO

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.

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Why accountants must keep up with new technology

Future CFO

In the face of the many advancements now in data and technology, it is undeniable that accountants are put in the position to keep up. Automation has been a notable shift, as routine accounting tasks have become less manual and time-consuming. The post Why accountants must keep up with new technology appeared first on FutureCFO.

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Rethinking The Roles Of Data, Accountants In SMB Finance

PYMNTS

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

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Customized Financial Reporting for Better Decision Making

CFO Plans

One effective strategy businesses are adopting is outsourcing their accounting services. By leveraging tailored financial solutions, companies can drive growth and navigate the financial landscape with confidence. Discover how customized accounting can transform your business.

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ACH Shows Signs Of B2B Payments Dominance

PYMNTS

New analysis from corporate payments firm Bill.com suggests ACH payments are dominating the accounts payable department. “Payments are rapidly evolving for accounting firms, as digital payments are now more often used than paper checks,” said Bill.com Senior Vice President of Engineering Vinay Pai in a statement.

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Tips for cash management for a nonprofit organization

The Charity CFO

Having a second set of eyes on financials is a prudent practice for nonprofit organizations. It involves engaging an external expert, such as a professional bookkeeper or accountant, to review and analyze financial records.