Good finance leaders ensure accounting professionals complete necessary processes on schedule and to industry standards. Great finance leaders invest in the correct tools that automate processes and allow accounting professionals to add value through reports, analysis, and commentaries.
Implementing a new Enterprise Resource Planning (ERP) system may seem daunting, so breaking down the process of migrating to an ERP system into small achievable chunks is the best path to success.
The Financial Reporting Council (FRC) has opened the public consultation period for the new Charities SORP. This comes with amended terms that better align with the FRS 102, the primary accounting standards in the U.K. and Republic of Ireland.
If you’re a CFO for a mid-market business, you might want to put off carbon accounting for as long as you dare. It’s not that you don’t care about reducing emissions and staying accountable. It might simply be that your financial reporting team already has enough work on their plate.
Not-for-profit organisations require robust finance systems that can change with business demand. We explore key questions that help you interrogate whether your existing finance system meets your operational goals.