What is a Non-Profit Accountant? Non-profit accountants are managers of the financial records and activities of non-profit organizations. To carry out their responsibilities, they must be familiar with the unique financial and regulatory requirements of non-profit organizations, such as fund ...
What is a CFO? A CFO (Chief Financial Officer) is a senior executive responsible for managing the financial activities and strategies of an organization. The CFO plays an important role in overseeing financial planning, budgeting, reporting, and analysis. They work closely with other executives, ...
A chief financial officer (CFO) is the highest-ranking financial professional in an organization and is responsible for the fiscal health of the business. The CFO’s responsibilities include, but aren’t limited to, building a top-notch finance and accounting team, ensuring revenues and expenses ...
Corporate fraud is the broad category of illegal activities carried out by a company or individuals within it. Accounting fraud falls under this umbrella.Corporate fraudalso includes insider trading, bribery, money laundering, tax evasion, and other forms of financial and nonfinancial misconduct. A s...
The main purpose of inventory management is to ensure that ideal volumes of raw materials, works in progress, and finished goods are in the correct locations at the correct time to maximize profits and keep customers happy via fulfilled orders. The CFO’s Guide to Fueling Profit and Growth ...
This is where theRule of 40helps. The Rule of 40 is about the tradeoff between profit and growth. Addbacks to EBITDA Finally, you may hear about addbacks to EBITDA. We want EBITDA to represent our profitability from “normal,” on-going operations. If you pay for one-time, non-recurrin...
Again, cash flow simply describes the flow of cash into and out of a company.Profitis the amount of money the company has left after subtracting its expenses from its revenues. What Is Free Cash Flow and Why Is It Important? Free cash flowis the money left over after a company pays for...
In most organizations, FP&A is part of the finance department and reports directly to the chief financial officer (CFO) or the director or VP of financial planning and analysis. Unlike accounting which focuses on past financial results and regulatorycompliance, FP&A has a forward-looking mission. ...
Staying on top of tax laws is essential for cash and profit management—and to avoid hefty fines and penalties. And of course, the complexity only grows when you do business around the world. Tax management features in your ERP finance module can help you collect and track tax information fo...
Cash flow from operating activities (CFO) – also referred to asoperating cash flow, free cash flow from operations, or cash flow provided by operations – indicates how much money a business is bringing in from regular business activities. It does not include long-term capital expenditures, rev...