The Charity CFO

JANUARY 5, 2023

Educate the staff and board on critical issues triggered by certain gifts. When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). Bring GAAP compliance. A written gift acceptance policy will guide you on the type of gifts you can accept. A Nonprofit Budget.

Nonprofit 52

Nonprofit GAAP Budgeting Auditing 52

CFO Share

JUNE 27, 2024

In general, financial statement compliance involves adhering to established standards and regulations, such as Generally Accepted Accounting Principles (GAAP) and the Financial Accounting Standards Board (FASB) guidelines. What is Financial Statement Compliance? This should include regular workshops and seminars.

Financial Reporting 52

Financial Reporting Compliance CFO Auditing 52

The Charity CFO

NOVEMBER 10, 2022

Whether you are an educational, charitable, religious, sports, or other public-benefit organization, you need to have a good handle on your finances in order to make the most impact. As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit.

Nonprofit 52

Nonprofit Accounting Auditing GAAP 52

Strategic Treasurer

MARCH 6, 2023

So, there’s elements on the collection side and the disbursement side where you have to treat liquidity as different from GAAP cash. And AR would hit a cash clearing account, now those cash clearing accounts are treated as cash for GAAP purposes. So, it’s what is the cash I can use? It that’s the second point.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

The Charity CFO

APRIL 13, 2023

Accounting Standards In the United States, all organizations must adhere to the Generally Accepted Accounting Principles (GAAP). Confirming an organization’s compliance can include compliance checks and/or audit requirements , but maintaining compliance is the responsibility of the organization at all times.

Nonprofit 52

Nonprofit Accounting Standards Compliance Budgeting 52

CFO Leadership

OCTOBER 18, 2023

This makes them versatile tools in various fields such as education, customer service, and even creative writing. SEC filings, GAAP documentation, FASB accounting standards, IFRS standards, PCAOB, FINRA, etc.), However, LLMs also have inherent weaknesses. With a large and diverse enough data set (e.g.

Accounting 52

Accounting Finance Auditing IFRS 52

Musings on Markets

JULY 14, 2021

Almost in parallel, accounting as a profession found its footing and worked on creating rules that would apply to reporting, at least at publicly traded companies, with GAAP (Generally Accepted Accounting Principles) making its appearance in 1933. Why have 10-Ks become longer and less readable?

GAAP 52

GAAP Forecasting Accounting Numbers 52

The CFO College

APRIL 8, 2021

You’ll really want to delve into the pain points of business owners (saving money, reducing tax burden, and increasing bottom line), tax opportunities and planning, and GAAP accounting and solutions. Another key aspect of becoming a Valuable Expert is enhancing your education.

CFO 52

CFO Accounting Benchmarking Tax Planning 52