Remove Accounting Remove GAAP Remove Reconciliations
article thumbnail

The Dual Purposes of Accounting and Fundraising Software

The Charity CFO

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?

article thumbnail

Top Audit Readiness Challenges and How to Overcome Them

E78 Partners

Navigating Impairment Analyses and Accounting for Complex Transactions Impairment testing for intangible assets and goodwill, and accounting for complex transactions such as debt refinancings and business combinations, can be among the most challenging aspects of audit readiness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

For example, while South African companies follow International Financial Reporting Standards (IFRS), the US requires compliance with its Generally Accepted Accounting Principles (GAAP). IFRS is principles-based and allows for some judgment in financial reporting, while GAAP is more rigid, rules-based, and less forgiving.

IFRS 52
article thumbnail

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.

article thumbnail

The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

When most people think of an organization’s financial department, they think of accountants. Bookkeepers, accountants, and Chief Financial Officers (CFOs) all serve critical roles in managing an organization’s finances. What is an Accountant? Accountants run reports to help determine if the bookkeeping is done correctly.

CFO 52
article thumbnail

BlackLine to sell new SAP solution extension for CFOs

Future CFO

launched its Financial Reporting Analytics solution, which will be sold as an SAP Solution Extension under the name SAP Account Substantiation and Automation by BlackLine, financial review option. SAP Account Substantiation and Automation by BlackLine, financial review option, is sold and supported by SAP. BlackLine, Inc.

SAP 52
article thumbnail

Top Five Questions Clients Are Asking About RevRec and Quote-to-Cash

Bramasol

As the SAP partner with the most revenue recognition implementations and deepest involvement in the ongoing refinement of solutions such as SAP Revenue Accounting and Reporting (RAR) and Automated Revenue Management solutions, Bramasol can help you navigate the most complex RevRec scenarios.

SAP 72