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What are the most challenging short- and long-term decisions your organization will face over the next 6-12 months?

about 1 month ago

In the current environment, most organizations are facing a need to make decisions about potential changes to their operations, business models, and long-term strategies for value creation. 

What are the most challenging short- and long-term decisions your organization will face over the next 6-12 months and, as a CPA, what roles are you playing in helping your organization make those decisions?


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  • BillKennedy 30 days ago
    In the Nonprofit world, the value created by an organization is critical to the long and short term success of the charity. "Value" is often labelled "Impact" and it is not measured in any meaningful way by the budget or financial statements.

    Charities are all about transformation, whether it be individual (e.g. housing / employment programs), community (e.g. anti-poverty or cultural programs), or the world (e.g. environmental or disaster relief). The measures of that transformation tend to be non-financial and are often difficult to calculate. There is an ongoing challenge for accountants (among other professionals) to find quantifiable solutions or proxies so that stakeholders have a way of measuring the success of individual programs and/or the organization itself.

    Funders need to know where to put their money. Management needs decision making support. The public needs transparency.
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    • Admin Commented mmassoud 30 days ago
      I couldn't agree more Bill - the need for measuring "value" using non-financial metrics, is ever so important, especially in the non-profit world. How do you think the profession could provide more assistance to the not-for-profit sector in both the short- and long-run?
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