The Finance Weekly

MARCH 25, 2024

Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? Well, CEOs are cluing in on the fact that having a financial expert on board can steer their ship in the right direction and spur business growth. As the Director of Amyris Inc.,

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The Charity CFO

OCTOBER 9, 2024

Specifically, there’s an inherent difference in data structure that makes it nearly impossible to combine them in a clean, usable way: Fundraising software tracks donor-centric data like donor preferences, relationships (i.e. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements.

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The Charity CFO

MAY 2, 2022

The IRS has different reporting requirements than GAAP, so the balance sheet section of your 990 may not match your audited financial statements. But it still gives anyone the ability to assess your overall financial status in just a few minutes. ?? appeared first on The Charity CFO. Get the free guide!

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Future CFO

DECEMBER 31, 2021

Their responsibilities already entail ensuring that the financial report is accurate, complete and verifiable, according to GAAP accounting standards and disclosures. The post Digital acceleration to drive finance leadership in 2022 appeared first on FutureCFO.

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CFO Leadership

OCTOBER 10, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. System and Organization Controls (SOC) reports are critical components in the controls infrastructures of any company relying on third party systems and applications in the production of financial data and reports.

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Accounting Finance Auditing IFRS 95

Spreadym

AUGUST 10, 2023

What is financial reporting software? Financial reporting software refers to specialized tools or applications designed to help organizations generate, manage, and present their financial data in a clear and organized manner. Exporting and Sharing: The ability to export reports in various formats (PDF, Excel, etc.)

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The Charity CFO

JULY 12, 2024

Many regulatory bodies and grantors require accrual-basis financial statements. Adopting the accrual method ensures compliance with Generally Accepted Accounting Principles (GAAP) and other relevant standards. The post Why Nonprofits Need to Switch from Cash-Basis to Accrual-Basis Accounting appeared first on The Charity CFO.

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The Charity CFO

MAY 11, 2023

Properly evaluate each company and their credentials before letting go of your financial data. Security Concerns The financial data of an organization is incredibly sensitive. When determining your needs, be sure to consider what your complete financial package looks like and where you might need some help.

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CFO Leadership

OCTOBER 18, 2023

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. System and Organization Controls (SOC) reports are critical components in the controls infrastructures of any company relying on third party systems and applications in the production of financial data and reports.

Accounting 52

Accounting Finance Auditing IFRS 52

The Charity CFO

AUGUST 15, 2023

Myth #3: Nonprofit Accounting (GAAP) and the IRS Rules are the Same Another common misconception is that GAAP and IRS rules are the same when it comes to nonprofits, however, they are not. The Charity CFO is an outsourced accounting firm for nonprofit organizations. Do You Struggle to Make Sense of Your Financial Statements?

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