And, if you need further advice, an experienced bookkeeper can give you their perspective on your budget. Treasurers are responsible for ensuring sufficient funds are available to cover operational and capital investment needs. They also advise the Board of Directors on loans, liquidity, and investment opportunities, playing a pivotal role in safeguarding the organization’s financial stability.
Understanding Not-For-Profit Bookkeeping…
BACKGROUND
While the origin of finance can be traced to the start of civilization, with the earliest historical evidence of finance dating to about 3000 BC, it was in the middle of the 20th century that finance emerged as a distinct discipline, separate from economics.
The Chief Financial Officer (CFO) role emerged in the 1960s, and together with the finance…