All Posts in Finance Committee

|In: Finance|Last Updated:
The Role of Finance Committee in Corporate Governance

Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. Among the key components of corporate governance is the finance committee, which plays a crucial role in overseeing and ensuring the financial health and integrity of the company. In this article, we will delve into the duties and responsibilities of the finance committee in corporate governance.

1. Financial Reporting and Transparency:

One of the primary duties of the finance committee is to oversee the financial reporting process. This includes reviewing and approving financial statements, ensuring compliance with accounting standards and regulations, and promoting transparency in financial disclosures. By providing accurate and reliable financial information to stakeholders, the finance committee helps to maintain the company’s credibility and trustworthiness.

2. Risk Management:

The finance committee plays a key role in identifying, assessing, and managing financial risks that may impact the company’s operations and performance. …

Read More

|In: Finance|Last Updated:
Key Responsibilities of a Nonprofit Finance Committee

Nonprofit organizations rely on their finance committees to provide oversight, guidance, and strategic financial planning to ensure they remain financially sustainable and accountable to their stakeholders. The finance committee plays a crucial role in managing the organization’s financial health and achieving its mission. Here are the key responsibilities of a nonprofit finance committee:

Financial Oversight

One of the primary responsibilities of a nonprofit finance committee is to provide oversight of the organization’s financial activities. This includes reviewing financial statements, monitoring budget performance, and ensuring compliance with financial policies and regulations. The finance committee plays a critical role in safeguarding the organization’s assets and maintaining transparency in financial matters.

Budget Development and Monitoring

The finance committee is responsible for assisting in the development of the organization’s annual budget. This involves working closely with the executive director and finance staff to establish realistic revenue projections, allocate resources effectively, and prioritize spending based …

Read More

|In: Business News|Last Updated:
Top Tech Stocks To Watch

These companies are poised to make waves in the tech industry in 2019.

Nvidia

Nvidia is a graphics processing unit (GPU) manufacturer. It specializes in creating high-end graphics processors for the gaming and professional markets, as well as artificial intelligence (AI) technologies. Nvidia has been a leader in the development of self-driving cars, which rely on AI technology to operate safely on roads without human input.

Nvidia’s share price has increased over 50% since January 2018 and is up more than threefold since 2016. The company has also posted strong earnings growth throughout this period; its trailing twelve months’ earnings per share (EPS) growth rate stands at 35%.

Nvidia’s most recent quarterly report showed strong revenue growth due to demand for its GPUs used by cryptocurrency miners as well as AI applications such as autonomous vehicles, medical imaging systems and robotics controllers

Micron Technology

Micron Technology is a memory chip …

Read More

|In: Business Finance|Last Updated:
Trade Credit How I got Started

In today’s economy, it’s more important than ever to know how to get the most out of your money. That’s why I’m here: to show you how to use trade credit in a way that benefits both businesses and consumers!

Retailers give you trade credit to buy goods and services.

Retailers give you trade credit to buy goods and services. Trade credit is a method of payment in which the retailer gives you an account, or line of credit with them for future purchases. This can be used as a way to buy things on credit at that store now, or even at another time if it suits your needs better.

Retailers usually offer this type of financing because it helps them keep their customers happy by allowing them to make purchases without having cash on hand or being able to pay off the entire amount immediately. It also helps …

Read More

|In: Business News|Last Updated:
Latest Business Headlines & Breaking News

The following is a roundup of the latest business headlines and breaking news.

Sears to close more stores, including in Southaven, Mississippi

Sears is closing more stores, including in Southaven, Mississippi.

Sears has already closed hundreds of stores this year and still has several hundred open. The company has been struggling with bankruptcy and store closures for years as it competes against online retailers like Amazon.

The Southaven store is one of four Kmart locations set to close on November 9th; another four Sears locations will shut down on December 31st if they’re not sold before then

Facebook faces a record $5 billion fine, but it’s not all bad news

Facebook is facing a record $5 billion fine from the European Union, but it’s not all bad news.

The social media company has been hit with a penalty related to its involvement with Cambridge Analytica and its handling of user …

Read More

Latest

More News