CFO Talks

OCTOBER 23, 2024

Accountability in Finance Teams, Methods and Benefits Accountability is a big deal in any business, but for finance teams, it’s especially important. Methods for Building Accountability Clear Roles and Responsibilities The first step to accountability is making sure everyone knows what they’re supposed to do.

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The Charity CFO

APRIL 20, 2023

How can nonprofit accounting software help your organization with efficiency? In today’s digital age, technology has revolutionized almost every aspect of business operations, including accounting and finance. For-profit companies have long used accounting software to track their financial transactions and monitor their bottom lines.

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CFO Talks

NOVEMBER 29, 2024

These experiences introduced me to the broader business world and significantly accelerated my career. Following my articles, I moved into the corporate sector as a Group Accountant at Datacentrix, gaining insight into private sector finance. What key skills should a newly qualified accountant develop on their path to becoming a CFO?

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CFO Auditing Leadership Finance 95

The Charity CFO

JANUARY 15, 2025

Both experts agreed that open communication and realistic goal-setting are crucial for creating a workable budget. Anderson highlighted the need for fundraisers to communicate clearly about the timing of pledge payments and cash flow implications. About The Charity CFO We are an accounting partner that truly understands nonprofits.

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Nonprofit Finance Budgeting Leadership 52

The Charity CFO

JANUARY 17, 2022

If you’re like most nonprofit leaders, you’re not researching nonprofit accounting basics to satisfy your curiosity. So you can understand what’s happening in your business and communicate effectively with your board members, donors, and financial team. with this overview of nonprofit accounting basics. . And guess what?

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Nonprofit Accounting Profit and Loss Accounts Payable 98

Collectiv

NOVEMBER 16, 2021

The most valuable indicators of the financial health and position of an organization are the metrics that are tracked in financial statements—Balance Sheets, Profit and Loss Statements, Cash Flow Statements, Account Receivables, and more. Ready to learn a better way to visualize and present financial reporting?

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Financial Reporting Profit and Loss Budgeting Analyzing Data 75

E78 Partners

MARCH 21, 2025

Champion communications, culture and change management initiatives. Identifies risks, resolves challenges, and ensures accountability. Sales and Marketing: Aligns branding, customer communication, and positioning. Communication and Change Management Leaders Develop messaging strategies to ensure transparency.

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CFO Talks

NOVEMBER 25, 2024

As a CFO your influence extends beyond financial reports and budgets. How to Handle It: Stand firm on ethical accounting practices and remind decision-makers of the long-term implications of financial misrepresentation. Communicate transparently about the rationale behind decisions, even if they are unpopular.

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The Charity CFO

JANUARY 29, 2025

About The Charity CFO We are an accounting partner that truly understands nonprofits. If you need help with your accounting and bookkeeping, lets talk. Book a FREE consultation here Do You Struggle to Make Sense of Your Financial Statements? We get nonprofits, because nonprofits are all that we do. Get the free guide!

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Nonprofit Leadership Communication Data Analysis 52

CFO Talks

APRIL 8, 2025

Members Profile: Julius Katanaka In this edition of our CFO Spotlight series, we feature Julius Katanaka, Head of Finance at Wazalendo SACCO Ltd, a seasoned finance professional with a strong accounting and strategic financial management background. My passion for numbers and the accounting profession motivated me to join finance.

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E78 Partners

NOVEMBER 12, 2024

By proactively managing your “prepared by client” (PBC) list, you can structure documentation to align with audit testing phases – as mentioned in our previous post , preparing for a financial audit. This timeline should account for potential delays and include contingency plans in high-risk areas.

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Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 59

CFO Talks

DECEMBER 12, 2024

A Chartered Accountant (SA) with a Diploma in Exercise Science and a host of other credentials, Ronel combines her expertise in finance with her passion for wellness to create impactful solutions for her clients. I enjoy numbers and finances; and I loved accounting at school. What sparked your interest in finance? Values are critical.

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Leadership CFO Prioritization Education 98

CFO Plans

APRIL 14, 2025

Developing a Financial Disaster Management Guide In the face of financial adversity, having a disaster management guide is a lifesaver. This guide should outline clear steps to take during financial crises, including emergency contacts, resource allocation, and communication strategies.

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Auditing Compliance CFO Financial Reporting 52

CFO Leadership

OCTOBER 10, 2023

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. However, they still have a place in corporate finance and accounting.

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Accounting Finance Auditing IFRS 95

The Charity CFO

FEBRUARY 19, 2025

Erin stresses that this clarity should permeate all aspects of the organization, from internal communications to external marketing materials. This deep knowledge of donor motivations and preferences is crucial in crafting effective communication strategies that resonate with supporters. Want to jump right in?

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Nonprofit Communication CFO Prioritization 52

The Charity CFO

FEBRUARY 20, 2025

A well-crafted budget is a reflection of your mission and a roadmap to financial sustainability. It helps you communicate how you’re going to make the difference you want to see in the world. It can be a tool to galvanize your team, community, and supporters. Do You Struggle to Make Sense of Your Financial Statements?

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Nonprofit Budgeting Prioritization CFO 52

Bramasol

JULY 22, 2023

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

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IFRS Accounting SAP Compliance 82

CFO Plans

MAY 2, 2024

When it comes to revolutionizing your financial management, finding the right accounting partner is a critical decision. Take time to reflect on your financial goals, industry-specific requirements, and the level of support you require. Look for a partner that embraces cloud-based solutions, automation, and advanced analytics.

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Accounting Problem Solving Communication Compliance 52

The Charity CFO

AUGUST 21, 2023

Nonprofit communications can be complicated, and sometimes awkward. But while it’s relatively easy to raise funds in dire situations or emergencies, getting donors to invest can be trickier when your charity seems financially stable. Think about an operating reserve as a sort of savings account and safety net for the nonprofit.

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CFO Talks

FEBRUARY 11, 2025

At its heart, corporate governance is built on four key principles: accountability, transparency, fairness, and responsibility. Accountability: Leaders Must Answer for Their Decisions One of the most important aspects of good governance is accountability. Without accountability, businesses become reckless.

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Profit and Loss Leadership Accounting Financial Reporting 52

E78 Partners

MARCH 3, 2025

Despite these favorable conditions, successful IPOs require meticulous preparation, robust financial reporting, and a governance framework that instills investor confidence. Companies must ensure they are operationally, financially, and strategically ready for the transition to public markets.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

The Charity CFO

APRIL 26, 2024

The right accountant can be the difference between an efficient accounting process and a total mess. That’s why it’s so important to know what to look for in a nonprofit accountant. The next step is to ask your potential nonprofit accountant a few questions to see if they’d be a good fit for your organization.

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Nonprofit Accounting Profit and Loss Communication 52

CFO Talks

MARCH 5, 2025

Keep track of reporting deadlines Use a compliance calendar so you never miss a submission. Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements.

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IFRS Auditing Compliance Financial Data 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. This helps users stay informed about critical changes in financial metrics. This helps identify trends and patterns that can inform future strategies.

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Financial Reporting CFO Cash Flow Forecasting Budgeting 52

Fpanda Club

SEPTEMBER 2, 2021

Management reporting involves a set of reports submitted to management that aims at supporting decision-making process and monitoring progress. Performance management is a range of practices which a company uses to measure its performance and communicate results. Turning to soft skills, it’s not so easy here.

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Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

The Charity CFO

JULY 1, 2024

Choosing the right accounting services is crucial for the financial health of your nonprofit. The right nonprofit accountant helps your organization properly manage its finances, which improves trust and transparency with stakeholders and donors. Technology is one of the most important tools in modern nonprofit accounting.

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Nonprofit Accounting Budgeting Accounting Firms 52

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. In contrast, a CFO is a more strategic financial professional, focusing on long-term planning, investor relations, and overarching financial strategy. CFOs must also be excellent communicators.

Financial Planning and Analysis (FP&A) 98

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

CFO News Room

DECEMBER 16, 2022

Financial managers are responsible for developing long-term financial plans, directing investment activities, and generating financial reports for their company. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Senior Accountants. Insurance Advisor.

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Finance Budgeting Financial Analyst Compliance 130

The Charity CFO

NOVEMBER 10, 2022

What should you look for when evaluating nonprofit accounting services? Yes, they might have a board member or volunteer who takes care of the finances, but they often lack specific expertise in nonprofit accounting. Sound financial management helps avoid jeopardizing tax-exempt status and the success of your operation. .

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CFO Plans

AUGUST 9, 2024

In the rapidly evolving landscape of business accounting, staying ahead requires more than traditional bookkeeping. Modern businesses need comprehensive financial strategies that ensure compliance, drive growth, and improve efficiency. Transform your financial practices with cloud accounting services.

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Accounting Tax Planning CFO Startups 52

The Charity CFO

MARCH 6, 2024

The conversation today has a very simple focus, 5 red flags that your nonprofit accounting needs improvement, even when it may not be recognized. Red Flag #1: Bank Account Reconciliation Whether the business is accrual or cash basis, it does not matter. The accountant must post all transactions that filter through the bank account.

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CFO Talks

FEBRUARY 27, 2025

This means leading by example, ensuring policies reflect ethical principles, and holding everyone accountable to high moral standards. Ethical leadership ensures that businesses comply with labour laws, environmental regulations, and financial reporting standards. They ensure that their actions match their words.

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Leadership Profit and Loss Communication Accounting 52

The Charity CFO

OCTOBER 9, 2024

One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. This makes it challenging to create technology that tracks data for fundraising purposes while still following accounting principles. So why does it seem so hard to find this unicorn platform?

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Accounting GAAP Nonprofit Accounting Principles 52

The Charity CFO

FEBRUARY 12, 2025

According to Sheri’s research, organizations that can quantify and communicate how they’re changing lives are 68% more likely to win grants compared to those who only report on outputs (e.g. About The Charity CFO We are an accounting partner that truly understands nonprofits. number of people served).

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Nonprofit Leadership Communication Prioritization 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.

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The Charity CFO

APRIL 2, 2024

Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Nonprofits face unique financial challenges and responsibilities that require specialized expertise and support. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization.

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CFO Talks

OCTOBER 8, 2024

While some team members may be proficient in traditional accounting practices, others may excel in data analytics, risk management, or even tech-driven financial innovations. Different work styles, communication preferences, and problem-solving approaches may create friction.

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