The Charity CFO

APRIL 29, 2022

Many nonprofit organizations both large and small need to undergo a financial statement audit every year. Preparing for a nonprofit audit can be overwhelming and anxiety-filled, especially if it’s your first audit or you don’t have a strong and experienced financial team. What is a financial statement audit?

Nonprofit 105

Nonprofit Auditing General Ledger Reconciliations 105

CFO Thought Leader

OCTOBER 29, 2024

Gronen: Yooz is an AP (accounts payable) automation and payments company. The AP clerk only needs to verify that the invoice is assigned to the correct department and has the correct GL (general ledger) code, eliminating the need for manual data entry. Right now, many companies receive invoices in paper envelopes.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

CFO Share

JULY 16, 2024

Controllers handle the operational side of financial management, ensuring that the day-to-day accounting functions are carried out accurately and efficiently. They regularly audit processes to maintain the integrity of financial operations.

Financial Planning and Analysis (FP&A) 98

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

CFO Simplified

DECEMBER 26, 2021

From overworked staff accountants to controllers running month-end closes, a poorly structured finance, and accounting department can put strains on your business’ growth. Here’s a guide to set your accounting and finance department up for success as your business grows. Roles and Responsibilities. Bookkeeper.

Finance 52

Finance General Ledger CFO Auditing 52

PYMNTS

JANUARY 26, 2018

The core of the close process remains the same: corroborate the numbers in the general ledger,” explained Feinstein. But it would be a lot more efficient if close management apps were able to connect directly to the bank and reconcile transactions with the data in the GL [general ledger] system,” he continued.

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

The Charity CFO

FEBRUARY 4, 2022

Execute data entry to keep the general ledger current . Allocate revenue and expenses to restricted fund accounts . Prepare the data accountants used to create income statement, balance sheet, and cash flow statement. With our nonprofit bookkeeping and accounting services, we’ll ensure your books are always audit-ready.

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

Spreadym

JULY 10, 2023

These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts. Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52