The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. Benefits of Nonprofit Accounting Services. Saves time and money.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

CFO Leadership

OCTOBER 10, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 95

Accounting Finance Auditing IFRS 95

Future CFO

JANUARY 27, 2022

CFOs must account for inflation-related uncertainties in annual budget and guidance for investors, said Gartner recently. CFOs will need to account for the higher level of uncertainty as they set budgets that drive investment, compensation and annual guidance shared with investors,” Keenan advised.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Accounting Forecasting 52

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Education and Experience Controllers typically have an accounting degree supplemented with an optional CPA or CMA and 10+ years of experience in managerial accounting.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Compliance General Ledger 98

Future CFO

JULY 16, 2021

Customer service doesn’t stop when companies are dealing with outstanding customer accounts. Whether escalating outstanding accounts to third-party collections agencies or managing receivables in-house, AR teams must emphasise customer experience throughout the entire collections process. appeared first on FutureCFO.

Accounting 52

Accounting Accounts Payable Communication Invoicing 52

The Charity CFO

APRIL 25, 2024

For nonprofit organizations, accounting comes with a lot of complexity. Instead of slow, paper-driven, backward-looking accounting, these organizations are moving quickly through digital integrations allowing them to focus on their core responsibilities. What is the actual goal in a nonprofit accounting setup?

Nonprofit 52

Nonprofit Accounting CFO Auditing 52

The Charity CFO

DECEMBER 8, 2022

But in order to get the most out of these grants, you need to understand how to properly manage and account for them. The IRS has strict regulations on how to handle grants and charitable contributions, so it is essential that you understand the best practices when accounting for them. 8 Best Practices When Accounting For Grants.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

CFO News Room

FEBRUARY 6, 2022

Nationwide, former educators are starting jobs in sales, software, healthcare, training services and other hot fields, and more say they want to follow suit. Wilson, 30 years old, is among the more than 900,000 people who quit jobs in state and local education last year, according to federal data. Lissett Bohannon.

Education 130

Education Sales Vendor Management Healthcare 130

CFO Share

MARCH 13, 2023

Managing accounts payable is critical for any business to maintain healthy cash flow and vendor relationships. Financial ratios are essential tools that help companies evaluate their financial performance, including their ability to manage accounts payable effectively. What is accounts payable in ratio analysis?

Accounts Payable 40

Accounts Payable Accounting Prioritization Healthcare 40

Future CFO

AUGUST 6, 2024

The Association of Chartered Certified Accountants says it is estimated that between 15-20% of the population are neurodivergent and organisations have an ethical responsibility to include and support neurodivergent individuals. Education is key. This could include a paragraph about the organisation’s inclusive culture.

Finance 52

Finance Communication Leadership Education 52

Future CFO

SEPTEMBER 21, 2020

Accounting is the language of business. He acknowledged having taken “a lot of” accounting courses over the years and understanding the language has rewarded him well financially. As he puts it rightly, accountants must elevate their roles to that of strategic partners. Because it is expected of them.

Accounting 52

Accounting Technology Mergers and Acquisitions (M&A) Leadership 52

CFO Leadership

OCTOBER 18, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Accounting 52

Accounting Finance Auditing IFRS 52

PYMNTS

JULY 10, 2020

Customers cannot afford to let fraudsters compromise their bank accounts under any circumstances, but the current economic climate makes attacks all the more painful. FIs that keep customers informed about these and other schemes can better enable them to actively protect their accounts.

Education 53

Education Securities Leverage Banking 53

The Finance Weekly

JANUARY 22, 2024

CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.

CFO 52

CFO Education Communication Leadership 52

Beacon CFO Plus

SEPTEMBER 20, 2023

Common Financial Education, Skills, and Certifications The term fractional cfo refers to a financial professional who provides their expertise and services on a part-time or temporary basis to multiple companies rather than being a full-time, in-house employee of a single organization.

CFO 52

CFO Problem Solving Education Compliance 52

CFO Talks

SEPTEMBER 13, 2024

It’s clear that African CFOs are highly focused on education and development, perhaps because there’s so much investment and growth happening in Africa. It started in 2016 as a brand of the Chartered Institute of Business Accountants (CIBA), which is one of the larger professional bodies in South Africa, with about 10,000 members.

Finance 97

Finance Auditing CFO Leadership 97

Future CFO

NOVEMBER 30, 2020

The rapid advancement of sophisticated technology has brought monumental changes to most professions – and accounting is no exception. Many of the manual, routine-based accounting tasks of the past are now undertaken by non-human support. Automation will alter the work of accountants in the coming years.

Accounting 40

Accounting Finance Education Communication 40

Strategic Treasurer

MARCH 27, 2023

Episode 246 Becoming a Treasurer Series, Part 24: Languages of Finance: Controllers In the Language of Finance sub-series of the Becoming a Treasurer series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. We offer 0.5 – 1.2

Finance 52

Finance Treasury Communication Education 52

The Charity CFO

MAY 20, 2022

Emily is a marketing consultant and owner of Evergreen Strategic Communications. After years of working in the nonprofit and higher education industries, she launched Evergreen to help nonprofits and small businesses who may not have the time, resources, or skillset to grow their engagement through marketing. Get the free guide!

Nonprofit 98

Nonprofit Marketing CFO Education 98

CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration. They must also help customers understand their coverage, file claims, and manage their accounts. Senior Accountants.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

CFO Share

APRIL 11, 2024

Counter-intuitively, an outsourced bookkeeping service reduces the risk of fraud by adding more oversight and best-practices to your accounting processes. Beyond security, there are other reasons “do it yourself accounting” hurts your business. The entry-point for hackers – your vendor’s email accounts – are beyond your control.

Securities 52

Securities CFO Invoicing Education 52

PYMNTS

AUGUST 9, 2020

and Google’s existing and new relationships through improved communication methods,” the release says. Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders.

SAP 144

SAP Invoicing Risk Management Education 144

Future CFO

SEPTEMBER 26, 2024

Skills needed In terms of the skills people need in these positions, APQC says any finance professional must have the required accounting or actuarial know-how and related technical skills to do the job. Further, these people might also need to lead tough conversations about resource allocation.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

CFO Talks

OCTOBER 25, 2023

The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategic leadership. It identifies 34 competencies structured within the four general roles of a CFO: Steward This role focuses on accounting, control, risk management, and asset preservation.

CFO 52

CFO Leadership Risk Management Strategic Planning 52

CFO Share

JULY 11, 2024

Technical CFO errors A technical occurs when a CFO does not have the proper experience or education to perform their duties. Sometimes this negligence is a form of laziness and sometimes it is due to a lack of resources (common with accounting teams who were recently downsized.)

CFO 52

CFO Forecasting Communication Education 52

CFO Talks

OCTOBER 3, 2024

Aggressive Accounting Practices : Look out for unusual accounting entries, round-number transactions, or complex journal entries that lack clear justification. Common Payroll Fraud Tactics: Fictitious or Ghost Employees : Employees create fake personnel records to channel wages into their own accounts.

Invoicing 98

Invoicing Auditing Benchmarking Reconciliations 98

CFO Talks

NOVEMBER 18, 2024

As the founder of Usizo Empowerment, Vino blends her qualifications in Financial Accounting with a strong dedication to mentorship and community engagement. I am able to ensure compliance and sustainability with clients and personally. How do you handle professional challenges? Education is Key.

CFO 52

CFO Prioritization Compliance Finance 52

Nerd's Eye View

AUGUST 11, 2022

Furthermore, by communicating proactively, advisors can maintain the confidence their clients have in them and deflect any misleading messaging from other institutions that may guarantee products that promise any level of unrealistic certainty. Read More.

Communication 62

Communication Education Planning Investments 62

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

Accounts Payable 63

Accounts Payable Accounting Invoicing Finance 63

Future CFO

MAY 5, 2024

Boardroom leadership, including chief financial officers, needs to manage artificial intelligence risks to drive trust, according to the Association of Chartered Certified Accountants. Introducing AI is both about trust in the systems and trust in the people that we work with, and how we bring those two elements together.,"

Risk Management 52

Risk Management Leadership Auditing Finance 52

Future CFO

DECEMBER 21, 2023

The Association of Chartered Certified Accountants says that the starting point for better risk management for the organisation as a whole, to understand what risk means. Building an effective risk culture and alignment to organisational objectives is a critical step on risk management, which can impact the company as a whole.

Risk Management 52

Risk Management Education Communication Finance 52

PYMNTS

NOVEMBER 24, 2020

Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. In other words, people who had been looking at account data online occasionally or making payments by check are now gravitating toward more self-service options.

Banking 107

Banking Education Accounting Communication 107

Future CFO

FEBRUARY 21, 2024

This is the findings of a recent talent survey by the Association of Chartered Certified Accountants (ACCA) across the accountancy profession. Communication, problem-solving, adaptability, and initiative are identified as the core competencies employers in APAC eagerly seek.

Problem Solving 52

Problem Solving Education Finance Communication 52

CFO News Room

DECEMBER 7, 2022

Excluded from this first prong of “advertisements” are: Extemporaneous, live, oral communications; Information contained in a statutory or regulatory notice, filing, or other required communication; and. Bulk emails, templates, and other communications that appear to be personalized (e.g.,

Advertising 130

Advertising Marketing Communication Compliance 130

CFO Talks

NOVEMBER 11, 2024

Also honored with Standard Bank Eswatini’s BLUE SHEroes Award and recognized by the Eswatini Institute of Accountants. Then I was introduced to accounts in high school, and I just loved the challenge of balancing the balance sheet and cash flows. That just blew me away, it will forever be a pivotal moment in my life.

CFO 52

CFO Leadership Problem Solving Communication 52

CFO Thought Leader

JUNE 15, 2023

The IMA recently celebrated its 100th anniversary and aims to support and optimize the accounting profession while helping individuals achieve their career aspirations. Mike DePrisco has a background in higher education and previously worked at the Project Management Institute before joining the IMA. I was looking for a career change.

Education 52

Education Leadership Finance Accounting 52

CFO News Room

DECEMBER 5, 2022

There are plenty of ways to educate yourself and upskill without going back for a traditional undergraduate or graduate degree. There are plenty of ways to educate yourself and upskill without going back for a traditional undergraduate or graduate degree. The author presents five ways to upskill without going back to school.

Leadership 100

Leadership Education Problem Solving Nonprofit 100