This session will highlight how to use the tools in The Financial Edge™ for fast, accurate reporting to your board of directors. Learn how dashboards increase your productivity and reports make answering your board members’ questions easier than ever!
By sharing data that tells a story, your staff and board members become more engaged, donors give more and volunteers are clear what actions to take. Good dashboards actually make things happen. The way to build support is to create a clear picture for others so they can easily see what needs to be done. The use of visual displays and dashboards will turn numbers and lists into interesting and clear tools for engagement.
Actionable Financial Analysis: Insights for Nonprofit LeadersGuideStar
Actionable Financial Analysis: Insights for Nonprofit Leaders
In an increasingly data-filled world, it can be difficult to sort through proliferating information to find what matters most. Nonprofit finance is no different. And because healthy finances enable social impact, much is at stake in clearly articulating nonprofit financial condition and resource needs. How can nonprofit leaders make sense of financial data to create a clear picture of their organization's financial situation?
Join Nonprofit Finance Fund and GuideStar to learn more about Financial SCAN and how this data platform can add value to planning and decision-making conversations.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund; and Scott Menzel, Product & User Experience Manager, GuideStar USA (moderator)
GuideStar Webinar (12/10/13) - Weaving Financial Data Into Your Grantmaking P...GuideStar
Connecting money and mission can be difficult in the nonprofit sector. Ensuring that funding decisions advance mission and can be appropriately stewarded requires a solid grasp of nonprofit resource needs and financial health. Financial SCAN is a quick, clear, and comprehensive online analysis tool that illustrates a nonprofit’s financial picture through a dashboard of relevant indicators, thirteen detailed trend graphs, and a peer comparison function.
Join us for a one-hour webinar to see Financial SCAN and its new features in action. The session will take a case study approach, exploring how you can use Financial SCAN’s multi-year and peer financial data in your grantmaking practice.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund, and Scott Menzel, Product & User Experience Manager, GuideStar USA (moderator)
Actionable Financial Analysis: Insights for GrantmakersGuideStar
Actionable Financial Analysis: Insights for Grantmakers
In an increasingly data-filled world, it can be difficult to sort through proliferating information to find what matters most. Nonprofit finance is no different, and identifying the risks and strengths in a grantee's financial picture can take expertise and time. Knowing what financial data to examine can help funders better steward grant dollars and inform candid dialogue with nonprofit leaders.
How can grantmakers focus their financial due diligence to find key signs of fiscal condition and resource needs? Join Nonprofit Finance Fund and GuideStar to learn about Financial SCAN and how this data platform can add value to your grantmaking pratice.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund; and Jenny Taylor, Community Manager, GuideStar USA (moderator)
Strategic planning should be a means not only to produce a strategy, but also to engage stakeholders, develop leadership, and generate new energy, commitment and consensus around mission. Its primary product is not a written plan, but strategic thinking within the organization through a process of planning followed by a process of implementation. A well-conceived and managed planning process can be the most effective form of organizational development.
Alternate View of Library Budgets, A Living DocumentJeh718
This is a presentation on: How to create a budget and business plan for your library? How to use your budget throughout the year as a focal point to support library services? and How to use strategic budgeting?
By sharing data that tells a story, your staff and board members become more engaged, donors give more and volunteers are clear what actions to take. Good dashboards actually make things happen. The way to build support is to create a clear picture for others so they can easily see what needs to be done. The use of visual displays and dashboards will turn numbers and lists into interesting and clear tools for engagement.
Actionable Financial Analysis: Insights for Nonprofit LeadersGuideStar
Actionable Financial Analysis: Insights for Nonprofit Leaders
In an increasingly data-filled world, it can be difficult to sort through proliferating information to find what matters most. Nonprofit finance is no different. And because healthy finances enable social impact, much is at stake in clearly articulating nonprofit financial condition and resource needs. How can nonprofit leaders make sense of financial data to create a clear picture of their organization's financial situation?
Join Nonprofit Finance Fund and GuideStar to learn more about Financial SCAN and how this data platform can add value to planning and decision-making conversations.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund; and Scott Menzel, Product & User Experience Manager, GuideStar USA (moderator)
GuideStar Webinar (12/10/13) - Weaving Financial Data Into Your Grantmaking P...GuideStar
Connecting money and mission can be difficult in the nonprofit sector. Ensuring that funding decisions advance mission and can be appropriately stewarded requires a solid grasp of nonprofit resource needs and financial health. Financial SCAN is a quick, clear, and comprehensive online analysis tool that illustrates a nonprofit’s financial picture through a dashboard of relevant indicators, thirteen detailed trend graphs, and a peer comparison function.
Join us for a one-hour webinar to see Financial SCAN and its new features in action. The session will take a case study approach, exploring how you can use Financial SCAN’s multi-year and peer financial data in your grantmaking practice.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund, and Scott Menzel, Product & User Experience Manager, GuideStar USA (moderator)
Actionable Financial Analysis: Insights for GrantmakersGuideStar
Actionable Financial Analysis: Insights for Grantmakers
In an increasingly data-filled world, it can be difficult to sort through proliferating information to find what matters most. Nonprofit finance is no different, and identifying the risks and strengths in a grantee's financial picture can take expertise and time. Knowing what financial data to examine can help funders better steward grant dollars and inform candid dialogue with nonprofit leaders.
How can grantmakers focus their financial due diligence to find key signs of fiscal condition and resource needs? Join Nonprofit Finance Fund and GuideStar to learn about Financial SCAN and how this data platform can add value to your grantmaking pratice.
Presenters: Peter Kramer, Manager, Nonprofit Finance Fund; and Jenny Taylor, Community Manager, GuideStar USA (moderator)
Strategic planning should be a means not only to produce a strategy, but also to engage stakeholders, develop leadership, and generate new energy, commitment and consensus around mission. Its primary product is not a written plan, but strategic thinking within the organization through a process of planning followed by a process of implementation. A well-conceived and managed planning process can be the most effective form of organizational development.
Alternate View of Library Budgets, A Living DocumentJeh718
This is a presentation on: How to create a budget and business plan for your library? How to use your budget throughout the year as a focal point to support library services? and How to use strategic budgeting?
A critical component of board governance is overseeing the organization and determining its strategic direction. Strategic planning is more than a work plan for the organization. Learn how organizations can benefit from the strategic planning process itself, how to identify the right facilitator, and specific tools for implementation and accountability.
Economic development performance measures can be your super power. Here's my presentation to the Ontario East Municipal Conference on best practices in economic development performance measurement.
Quick guide for small and mid-sized Non-governmental Organizations' (NGOs'), Civil Society Organizations' (CSOs'), Community Based Organizations (CBOs'), Local Support Organization (LSOs') Charities & Causes
OKRs and driver based plans by lamorte - aug 2014 san franciscoBen Lamorte
Presented at Business Forecasting 2014 in San Francisco, August 2014. Includes 5 best practices for making driver-based plans work and focuses on Objectives and Key Results.
Financial and operational Performance Management John Berry
This is an overview of the Financial performance management solution from IBM. These slide goes through why IBM is different and what are some challenges that are faced by different clients. We also show a list of clients that are already using these solutions.
Best Practices in Financial Planning and Analysis | 2013 Business Analytics S...Cartegraph
Loras College is proud to present our annual Business Analytics Symposium on March 27, 2014 at the Grand River Center in Dubuque, IA. Industry experts will share their insights about the evolving field of business analytics opportunities. Learn about everything from best practices when analyzing data to the importance and benefits of building a culture of analytics within your organization.
To learn more, secure your seat or to take advantage of group discounts visit www.loras.edu/bigdata.
Budgeting season. It's a four letter word at most nonprofit organizations because it requires countless spreadsheets, getting non-finance staff to think about finance, and infinite revisions. There's got to be a better way, right?
This presentation discusses best practices for nonprofit budgeting. It provides tips, tricks, and practical advice that will turn your budget into a positive four letter word..."Done."
This presentation talks about key strategies to create awesome dashboards. You can check out next webinar here: http://www.perceptive-analytics.com/excel-dashboard-reporting/#finance & www.p2w2.com/excel-dashboard-reporting.php
Adaptive Insights surveyed more than 300 global CFOs to
understand trends in finance for its CFO Indicator Q3 2016 report. This quarter's survey explored the tracking of non-financial KPIs and how factor into measuring corporate performance today and into the future.
A critical component of board governance is overseeing the organization and determining its strategic direction. Strategic planning is more than a work plan for the organization. Learn how organizations can benefit from the strategic planning process itself, how to identify the right facilitator, and specific tools for implementation and accountability.
Economic development performance measures can be your super power. Here's my presentation to the Ontario East Municipal Conference on best practices in economic development performance measurement.
Quick guide for small and mid-sized Non-governmental Organizations' (NGOs'), Civil Society Organizations' (CSOs'), Community Based Organizations (CBOs'), Local Support Organization (LSOs') Charities & Causes
OKRs and driver based plans by lamorte - aug 2014 san franciscoBen Lamorte
Presented at Business Forecasting 2014 in San Francisco, August 2014. Includes 5 best practices for making driver-based plans work and focuses on Objectives and Key Results.
Financial and operational Performance Management John Berry
This is an overview of the Financial performance management solution from IBM. These slide goes through why IBM is different and what are some challenges that are faced by different clients. We also show a list of clients that are already using these solutions.
Best Practices in Financial Planning and Analysis | 2013 Business Analytics S...Cartegraph
Loras College is proud to present our annual Business Analytics Symposium on March 27, 2014 at the Grand River Center in Dubuque, IA. Industry experts will share their insights about the evolving field of business analytics opportunities. Learn about everything from best practices when analyzing data to the importance and benefits of building a culture of analytics within your organization.
To learn more, secure your seat or to take advantage of group discounts visit www.loras.edu/bigdata.
Budgeting season. It's a four letter word at most nonprofit organizations because it requires countless spreadsheets, getting non-finance staff to think about finance, and infinite revisions. There's got to be a better way, right?
This presentation discusses best practices for nonprofit budgeting. It provides tips, tricks, and practical advice that will turn your budget into a positive four letter word..."Done."
This presentation talks about key strategies to create awesome dashboards. You can check out next webinar here: http://www.perceptive-analytics.com/excel-dashboard-reporting/#finance & www.p2w2.com/excel-dashboard-reporting.php
Adaptive Insights surveyed more than 300 global CFOs to
understand trends in finance for its CFO Indicator Q3 2016 report. This quarter's survey explored the tracking of non-financial KPIs and how factor into measuring corporate performance today and into the future.
Raising funds is never easy, however when the environment is difficult, it becomes even more challenging. But it is definitely not impossible. Having worked with several growth companies, we share with you 7 most important factors that you must consider.
The Adaptive Insights CFO Indicator Q1 2016 surveyed 377global CFOs to understand trends in financial forecasting during increased market and economic uncertainty. We found that although CFOs are worried about the economy, they are confident about their forecasting capabilities, thanks to their proficiency in harnessing data analytics to plan for multiple scenarios.
How Unilever transformed its finance structure, leading to involvement of CFO with CEO for major decision making processes of the company. Unilever being one of the biggest FMCG company needed the finance structure to be modified because of the globalization.
This presentation broadly covers Mumbai University MMS Semester IV - Elective - Treasury Management.
It starts with History; factors leading to modern treasury management; main objectives; Integrated treasury; departments of treasury - Front, Middle and Back office.
www.abhijeetdeshmukh.com
CFO Indicator Q4 2016 Survey on Corporate Reporting EfficiencyAdaptive Insights
A survey of over 400 CFOs explored the topic of corporate and financial reporting, specifically highlighting reporting process efficiencies, current and expected report volumes, and existing shortcomings in reporting systems. Results indicate an opportunity to automate non-value-added tasks so that finance has the time needed to deliver actionable insights.
This template was provided by the Davidson Institute.
The Davidson Institute Team deliver business planning and financial education concepts through courses that can help bring further knowledge and expand on the information that has provided through this seminar. They provide both face to face and on-line learning platforms. If you would like to speak to them on how they may help your organisation, please drop them a note or visit them at davidsoninstitute.edu.au for more information.
Response 1:
Part 1
Memo:
Understanding Similarities and Differences between Financial and Managerial Accounting
Attention
: Susan Thompson
Susan-
In an effort to get you up to speed on our expectations, I wanted to provide some details on the differences you can expect to see between managerial and financial accounting and provide you some examples from both areas.
Financial accounting is the backbone of the day-to-day functions of accounting. From payables, to receivables to collections, this area ensures all of the outstanding bills and debts are paid so the organization can operate. The details received from the day to day management of financial accounting are provided to stakeholders’, creditors, vendors and management to ensure the organization is being forthcoming and so management can use the data to further the position of the company(MUSE: Financial and Managerial Accounting). Reports provided within financial accounting include the following:
Income Statement
Statement of Owners Equity
Balance Sheet
Cash Flow Statement
Each of these documents is used by managerial accounting team members to help make decisions about the future of the organization.
Managerial accounting is optional. This is a team of managers who are trying to plan for future business and need to understand the ebbs and flows of the business itself and how any of the business segments or areas can function more productivity. One thing to note is that Financial Accounting is handled by external persons who try to ensure the strength of financial decisions whereas Managerial Accounting is managed by internal managers responsible for the success of the organizations. Financial Accounting Reporting for the IRS is mandatory and GAAP accounting rules must be adhered too. Managerial Accounting has no set rules nor are they bound to any oversight group and are not required to provide any sort of mandatory reporting.
Additional reports used to analyze the health of an organization are horizontal and vertical analyzes.
Horizontal analysis is where we take a series of reports year over year and try to determine what trends were in assets, equity, cash flow, etc. Using these reports allows the management team to better understand the business and what could be coming in the future. Vertical analysis is where we analyze financial statements based on entries for assets, accounts, liabilities and equities. We review each of these as a proportion of the total account and try to understand what led to any inconsistencies.
If you need any further clarification regarding these concepts, reporting or analysis, please reach out to me directly.
Thank You
Part 2
Attn: Board of Directors
MEMO
In an effort to help our team better understand how we can use our current and previous accounting information to help plan and control for future business, I have broken down details on four key financial reports we receive regularly. These reports include the income sta ...
Accounting is the recording of financial transactions plus storing, sorting, retrieving, summarizing, and presenting the information in various reports and analyses. Accounting is also a profession consisting of individuals having the formal education to carry out these tasks.
Financial Accounting and Management accounting are the two branches of accounting.
Financial accounting stresses on giving true and a fair view of the financial position of the company to various parties.
On the contrary, management accounting aims at providing both qualitative and quantitative information to the managers, so as to assist them in decision making and thus maximizing the profit.
Financial Accounting is the branch of accounting which keeps track of all the financial information of the entity. Management Accounting is that branch of accounting which records and reports both the financial and nonfinancial information of an entity.
The preparation of financial statements is an important aspect of an organization’s financial management, recording and reporting on financial transactions and activities.
Financial Statement Preparation in New York provides a detailed picture of a company’s financial performance, position, and cash flow to support decision making and financial analysis.
The preparation of relevant financial statements requires a thorough understanding of accounting principles, rules and regulations, as well as attention to detail and accuracy in the recording and reporting of financial statements.
Steps in financial statement preparation.
Mahatma Gandhi University provides presentation for " Accounting & Finance" .For more Information about "Accounting & Finance". Visit Online: http://www.mgu.edu.in/
Philanthropy by the Numbers: The story behind the statsBlackbaud
In our latest edition of npEXPERTS, top thought leaders from across the industry share their perspective on the latest trends and what's next for the social good industry.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Dashboards for Comptrollers, CFOs and Reporting to your Board
1. t Dashboards and Reports for Your Board and executive Team David Kilmer
2. Communicating Financial Information Three key questions Understanding Financial Responsibilities Role of the board Other financial duties How is Financial Information Utilized Compliance, evaluation, planning or action Presentation of Information The basics Good Financial Reports Above and beyond Agenda
3. Three Key Questions Who is consuming the information? Board, CEO, CFO, Program Manager, etc… What information needs to be communicated? Actual vs. Budget Days of unrestricted cash on hand Unrestricted revenue vs. salary Number of new donors Etc… What action must the reader take Act, monitor, celebrate, etc… ”One size fits all” does not apply to financial reports! Communicating Financial Information
4. What Type of Board Do You Have? Operating Board Organizations with small staffs or no staff Involved in management of organization Board members may be responsible for accounting, account reconciliations, preparing reports Governance Board Organizations with sufficient staff, professional management Involved in policy and planning Separation of responsibility between management function and governance function Combination Boards that are in transition, or with some combination of responsibility Understanding Financial Responsibilities
6. Compliance Provides assurance and verification of use of resources Accountability to funders and the public for use of funds Assure operational efficiency and controls Evaluation Measuring progress toward organizational, program, and financial goals Considering financial information in relation to mission of organization Assessing effectiveness of activities and use of resources Assessing administrative systems, controls, and performance How will Financial Information Utilized
7. Planning Using financial information to project future needs Considering trends, changes, and prospects for the future Making decisions about organizational direction Developing assumptions for use in future plans Action Determining the cause of variances from plans Responding to changes from original plans – opportunities and problems Responding to changes in external environment Addressing problems How will Financial Information Utilized
8. The Basics Financial reports should be: Accurate and consistent Available soon enough to be of use in monitoring and planning Understood in context of the organization’s history and external environment Understood in relationship to program activities Easily Repeatable Basic financial report set should contain: Organizational budget Monthly or quarterly financial reports Income Statement Comparison of actual income and expenses to budget Balance Sheet Verification of required reports IRS Form 990 and other required forms Presentation of Information
9. Good Financial Reports Should: Monitor achievement of major goals Measure outcome or goals, not just activities or means Identify where the "red flags“ are in the report Show historical context...data today, 1 year ago, 5 years ago Show comparisons to similar organizations Use graphics whenever possible Be checked for accuracy before being issued Leverage work of preparing reports for other purposes, i.e., newsletter, donor reports, annual report Evaluated and refined on a regular basis based on needs Be archived for future reference Published on your web page for the general public (not all) Be used to inform and train staff Presentation of Information
10. Going Beyond the Basic Financial Statement and Considering Dashboards Fast reporting on program metrics A dashboard for “the greatest asset“ …employees Using a dashboard for board accountability Fundraising Dashboard Dashboard for easily overlooked compliance and risk management The Engineering The Financial Edge F9 Excel (Conditional Formatting) Business Intelligence and Scorecards Presentation of Information