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CPAs typically report historical financial performance, but sometimes they are hired to predict how a company will perform in the future. Prospective reporting options There are three types of reports to choose from when predicting future performance: These prospective statements present an entity’s expected financial position, results...

Your non-profit’s ability to pursue its mission depends greatly on its financial health and integrity. If your non-profit is growing and your executives are struggling to juggle financial responsibilities, it may be time to hire a chief financial officer (CFO). Core responsibilities Generally, the non-profit CFO (also...