CFO Share

AUGUST 5, 2021

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Even worse, an IRS income tax return does not follow the same rules as GAAP. Financial planning for cannabis companies. What is IRS section 280E?

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

The Charity CFO

JANUARY 22, 2025

Financial Management Moving from basic bookkeeping to GAAP-compliant accounting became necessary as the organization grew. Translate Your Impact into Business Terms When seeking funding, especially from business-oriented donors, be prepared to discuss your work in terms of business plans, financial statements, and market potential.

Nonprofit 52

Nonprofit GAAP CFO Leverage 52

The Charity CFO

MARCH 13, 2023

Hosting a gala can require a lot of planning and costs, but the funds you raise can make it worth it. The planning can seem difficult, but after the first time, it will be much easier to plan similar events in the future. The way revenue and expenses are recorded can differ for GAAP purposes and tax purposes ( Form 990 ).

Nonprofit 98

Nonprofit GAAP CFO Accounting 98

Centage

NOVEMBER 22, 2021

Building and managing an effective budget and plan can be daunting no matter what industry, but financial planning for nonprofits can be particularly difficult. For far too long, spreadsheet-based financial planning has been the standard. It’s all automated and GAAP compliant. The time for change is now. No programming.

Financial Planning and Analysis (FP&A) 72

Financial Planning and Analysis (FP&A) Nonprofit Planning Finance 72

PYMNTS

OCTOBER 8, 2020

Best Buy plans to start its Black Friday deals on Oct. non-GAAP diluted earnings per share on revenues of $9.9 13 and Oct. 14 to assist customers in beginning their holiday shopping season safely and ahead of schedule, according to a Tuesday (Oct. 8) announcement. Best Buy reported $1.71 The result beat analyst estimates of $1.08

GAAP 56

GAAP Planning Advertising Retail 56

The Charity CFO

APRIL 5, 2022

Cash accounting does not comply with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations. Financial statement audit or review – if you are required to undergo a financial statement audit or assessment, using the accrual method to be in accordance with GAAP will make the process much smoother and less expensive.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

CFO Talks

SEPTEMBER 5, 2024

Ensuring Data Integration In today’s interconnected world, your FIS must seamlessly integrate with other business systems, such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Resources (HR) systems. Planning for Scalability Finally, it’s crucial to design your FIS with the future in mind.

IFRS 98

IFRS GAAP Compliance Reconciliations 98

Centage

JANUARY 31, 2022

Or perhaps your integrated cash flow reports are based on GAAP accounting rules, not formulas, but aren’t supported in your current planning and forecasting software application. Perform What-If Analysis Now more than ever, company’s need to start scenario planning for a wide range of potential business challenges and opportunities.

Cash Flow Forecasting 98

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 98

Bramasol

JULY 31, 2023

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

Accounting 69

Accounting SAP GAAP IFRS 69

Centage

JUNE 12, 2023

We’ve had many conversations with our customers and there are several common pain points that we are hearing when it comes to putting together an accurate manufacturing budget and plan that can be relied upon to maintain stability and support growth. Our winery budgets are quite extensive.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Manufacturing Forecasting 98

PYMNTS

SEPTEMBER 7, 2017

According to reports in Nasdaq , Coupa’s non-GAAP losses of 10 cents per share were better than previous analysts’ estimates of 17 cents per share — and significantly better than the $1.83 Total GAAP operating loss stood at $14.4 million, with a non-GAAP loss at $5.7 million and non-GAAP losses of $9.6

GAAP 43

GAAP Corporate Finance B2B Finance 43

The Charity CFO

OCTOBER 9, 2024

individual and corporation connections), history, donor intent, or soft credits Accounting software tracks financial transactions with strict adherence to GAAP Integrating two systems with fundamentally different data priorities can risk data inconsistencies, inaccuracies, and loss of information.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

The Charity CFO

JANUARY 17, 2022

Accrual accounting is required by Generally Accepted Accounting Principles (GAAP), which means that you’ll need accrual-based reports to complete a nonprofit audit. Both GAAP and the IRS require nonprofits to report their expenses broken down into 3 categories: Program services expenses. Difference #3: Functional Expenses.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

FEBRUARY 20, 2020

As it sold more wearable devices and average selling price fell, which was driven by more affordable devices as well as higher promotions, Fitbit reported a non-GAAP net loss of $31 million for the fourth quarter. Earlier this month, reports surfaced that Google ‘s plan to buy Fitbit wasn’t proceeding as well as it had hoped.

GAAP 52

GAAP Forecasting Retail Planning 52

Planful

JULY 5, 2016

But Robert Kugel , SVP and Research Director at Ventana Research, recently published an article highlighting the impact the new guidelines can have on budgeting and planning. However, the revenue recognition guidance offered under US GAAP vs. IFRS has differed and was in need of improvement. Background – What’s Changing and When?

Budgeting 40

Budgeting IFRS Planning GAAP 40

PYMNTS

NOVEMBER 4, 2020

Brown also noted that a detailed analysis of the economics of Upwork’s sales efforts found that lifetime value of the clients on its enterprise service plan is compelling. However, clients on its business service plan are less compelling relative to the support costs. million.

GAAP 63

GAAP Planning Economics Sales 63

Future CFO

SEPTEMBER 15, 2021

Knowledge of GAAP. An understanding of the Generally Accepted Accounting Principles (GAAP) and of compliance with them. Experience working with enterprise resource planning (ERP) tools. In addition to Greater Mumbai, Gurgaon and Bengaluru — the Indian cities of Chennai, Delhi, Pune and Hyderabad are good options for this skill.

Finance 75

Finance GAAP Accounting Principles Accounts Payable 75

Future CFO

JUNE 14, 2021

Only 52% of survey respondents believe that IFRS 17 earnings / equity will be slightly or much more helpful than current GAAP earnings / equity, and 54% believe that the need for non-GAAP reporting will either slightly or significantly increase.

IFRS 52

IFRS GAAP Auditing Planning 52

Bramasol

JULY 26, 2024

Using CLM, global companies are better able to manage lease classification such as sales type leases and operating leases, as well as to meet lessor accounting requirements of US GAAP and other country GAAP requirements, or IFRS mandates. Multiple Regulatory Compliance Mandates: Meeting regulatory requirements (e.g.,

SAP 79

SAP IFRS GAAP Compliance 79

E78 Partners

NOVEMBER 19, 2024

Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards. For companies with diverse revenue streams, ensuring that revenue recognition is compliant with GAAP is critical.

Auditing 52

Auditing GAAP Restructuring Compliance 52

E78 Partners

NOVEMBER 19, 2024

Ensure that impairment analyses are completed according to audit priorities, with asset groupings and forecast data that align with GAAP standards. For companies with diverse revenue streams, ensuring that revenue recognition is compliant with GAAP is critical.

Auditing 52

Auditing GAAP Restructuring Compliance 52

PYMNTS

FEBRUARY 27, 2020

The payments firm also said it was reaffirming first0quarter 2020 GAAP and non-GAAP EPS guidance. “At PayPal plans to provide further updates on its first-quarter earnings call in April. Because PayPal’s diversified business performed strong quarter-to-date, that partially offset the 1 percent negative impact.

GAAP 52

GAAP Manufacturing Forecasting Currencies 52

VCFO

NOVEMBER 1, 2023

Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. It seems obvious, but actively reviewing actual vs. planned results and understanding the variables at play is imperative to identifying areas of improvement.

Finance 88

Finance Strategic Planning Auditing CFO 88

PYMNTS

AUGUST 12, 2020

Given the state of the economy and uncertainty over another stimulus plan, the timing could be just right. Square’s net loss for Q2 was $11 million on a GAAP basis. Last month, PYMTS reported that six in 10 Americans are living paycheck to paycheck , with a survey finding that 24 percent don’t make enough to cover basic expenses.

Profit and Loss 70

Profit and Loss GAAP Investments Planning 70

PYMNTS

JULY 17, 2017

In a press release late Friday announcing the news, Target said it now expects a modest increase in its second quarter comparable sales and that it anticipates reporting Q2 2017 GAAP and Adjusted EPS Target shares above the high end of its previous guidance range of $0.95 Both GAAP and Adjusted EPS are expected to reflect a $0.05

GAAP 40

GAAP Sales Forecasting Retail 40

Planful

JULY 27, 2016

Are you wondering how best to make the business case to your company for investing in a cloud-based planning or reporting solution? Reducing Reliance on Spreadsheets for Budgeting, Planning, and Reporting. The key challenges in using spreadsheets and email for budgeting and planning: Too much manual work – the process takes too long.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Auditing 40

CFO News Room

NOVEMBER 2, 2022

But by being aware of the varying requirements and filing documents in an accurate and timely manner, new firms can navigate their way through the registration process and (finally) begin offering planning services to clients! Author: Chris Stanley. Guest Contributor. RIA Fee Itemization And Surprise Custody Audits. Some states (e.g.,

Compliance 130

Compliance GAAP Investments Advertising 130

The Charity CFO

JANUARY 11, 2023

All these sources must be carefully managed to ensure compliance with Generally Accepted Accounting Principles (GAAP) and guidelines. If you recognize revenue too early, you could be in violation of Generally Accepted Accounting Principles (GAAP). It’s important to recognize revenue when it’s earned and not before or after.

Nonprofit 52

Nonprofit GAAP Accounting Principles Auditing 52

The Finance Weekly

MARCH 25, 2024

His main job is to handle all money matters at SoFi, like planning, accounting, and dealing with investors. His main gigs included handling all the financial operations like accounting and financial planning, crafting financial strategies to boost the business, and managing relationships with investors and banks.

CFO 97

CFO Finance Forecasting GAAP 97

The Charity CFO

JANUARY 19, 2023

In the United States, these Generally Accepted Accounting Principles (or GAAP) are set by the Financial Accounting Standards Board (FASB). First, nonprofits must follow GAAP, the Generally Accepted Accounting Principles. NPOs must adhere to these accounting policies to remain compliant with the law and maintain their tax-exempt status.

Accounting Standards 52

Accounting Standards Nonprofit Accounting GAAP 52

PYMNTS

MARCH 3, 2020

As its marketing plan over the holidays powered customer engagement and a double-digit increase in new customer acquisition, Kohl’s CEO Michelle Gass said the retailer enjoyed increased traffic over the period that was propelled, in part, by its Amazon Returns program. billion and non-GAAP diluted earnings per share of $1.99.

GAAP 60

GAAP Retail Leadership Forecasting 60

PYMNTS

NOVEMBER 12, 2020

The retailer has also launched in-depth plans to handle lines at its 800+ retail locations throughout the country. per diluted share) on a non-GAAP basis on approximately $2.71 Safety measures put into place at all Dick’s Sporting Goods, Field & Stream and Golf Galaxy stores in March will be expanded over the holiday season. "We

GAAP 52

GAAP Retail Sales Planning 52

Cube Software

MAY 11, 2023

No business can survive without planning. The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. What is a pro forma financial statement?

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

Future CFO

APRIL 18, 2022

DOWNLOAD NOW. The post IBM Cognos Controller: Financial close management managed by the office of finance appeared first on FutureCFO.

Finance 52

Finance IFRS GAAP Accounting Principles 52

PYMNTS

NOVEMBER 28, 2016

The investor, CtW Investment Group, an activist firm that is also union-backed, has requested that the Securities and Exchange Commission investigate the reporting behind T-Mobile’s nonstandard accounting efforts and also how it records and presents info tied to customers who have defaulted on phone installment payment plans.

GAAP 40

GAAP Reconciliations Planning Accounting 40

Boston Startup CFO

APRIL 3, 2023

Familiarity with Generally Accepted Accounting Principles (GAAP) is essential. Robust contingency plans and proactive risk management strategies help organizations navigate unforeseen disruptions and maintain operational resilience.

Accounting 52

Accounting Accounting Principles GAAP Startups 52

E78 Partners

NOVEMBER 12, 2024

Enhancing Cross-Departmental Collaboration for Accurate Insights Audits impact more than just the finance team; for an accurate, holistic view, the audit process should engage departments like HR, legal, and financial planning and analysis (FP&A).

Auditing 52

Auditing Financial Planning and Analysis (FP&A) GAAP Compliance 52