Remove Accounts Payable Remove GAAP Remove Strategic Planning
article thumbnail

Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions. Additionally, it is necessary to maintain accounts payable and accounts receivable, guaranteeing that all transactions are precise and current.

article thumbnail

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

The Charity CFO

Their primary role is to ensure that all transactions are entered into the accounting system with accuracy and consistency. They’ll need to provide strategic planning, financial forecasting, and risk management while working with the board of directors.

CFO 52
article thumbnail

Best Practices from the CFO Suite

BlueLight

Post Series B, it becomes a full-time job to support strategic planning. Building strategic goals with the CEO and Board of Directors, then making sure the functional organizations get the information they need to execute on the strategy.” Their value is in strategic planning. Strategic planning ?—?Many

CFO 52