CFO Talks

MARCH 20, 2024

Example: When it’s time for an audit, the Controller is hands-on, working directly with the auditors, showing them the books, and explaining the details. The CFO, on the other hand, talks strategy with the audit partner and handles any big issues that pop up. Leave the daily grind to the Controller and trust your team.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

Spreadym

OCTOBER 24, 2023

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Security: Data integrity is closely related to data security. It ensures that data is not altered or tampered with during transmission.

Auditing 59

Auditing Compliance Securities Healthcare 59

CFO Leadership

OCTOBER 18, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns.

Finance 52

Finance Accounting Auditing IFRS 52

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

Prioritization 78

Prioritization Auditing Practice Management Communication 78

Collectiv

JULY 17, 2023

President and CFO Brian Lewis was involved in an initiative to develop new audit automation software. While auditors are comfortable interpreting output in this layout, it doesn’t tell a compelling data story to stakeholders like audit committees, senior management, and outside parties.

Auditing 52

Auditing Communication Leverage Budgeting 52

The Charity CFO

MAY 11, 2023

Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined. Security Concerns The financial data of an organization is incredibly sensitive. Ensure that your provider has proper security measures in place and ask to see these in action before proceeding.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

Future CFO

AUGUST 30, 2023

This has created a continued demand for tech skills on all levels, particularly in Business Transformation, Cyber Security and Data Analytics. Effective communication skills, strategic thinking and adaptability were seen as key to candidates looking to succeed in these roles. Data Analysts remain highly coveted for this reason.

Data Analysis 52

Data Analysis Auditing Communication Finance 52

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. Because much of an advisor’s job revolves around talking to clients and seeking new investment opportunities, excellent communication skills are essential in this role. Communication Skills. Senior Accountants.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. Implement staff and volunteer training on security best practices.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

The Charity CFO

DECEMBER 8, 2022

Because accurate nonprofit accounting can help with reporting and auditing requirements, and ensure that the funds are being used in accordance with the grantor’s wishes. Establishing clear roles and communication protocols can help ensure that all team members are in alignment when it comes to grant accounting. Conduct regular audits.

Accounting 52

Accounting Nonprofit Auditing Compliance 52

Future CFO

JUNE 26, 2023

The increased number of sophisticated attacks in the region gives real cause for concern, as seen in the case of the popular 3CX phone service application which was turned into a trojan as part of a supply attack, said Vivek Gullapalli, Chief Information Security Officer, APAC, Check Point Software Technologies. A new generation of users.

Leadership 52

Leadership Manufacturing Education Securities 52

KG Virtual CFO

OCTOBER 7, 2020

Neglecting to save receipts Although keeping them in a folder or box is still necessary in the case of an audit, most online and digital accounting programs like QuickBooks Online and Xero have accompanying apps that allow you to snap a picture of your receipt and associate them with the appropriate expense entry. We're here to help!

Communication 52

Communication CFO Auditing Budgeting 52

Future CFO

NOVEMBER 15, 2023

This includes establishing clear data entry standards, validation rules, and periodic data audits. Collaboration and Communication CFOs should invest in collaboration platforms that allow multiple stakeholders to work on spreadsheets simultaneously while maintaining data security and version control.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Some firms may also simply wish to avoid the cost and distraction of conducting regular PCI audits.

Compliance 82

Compliance Securities Auditing Retail 82

Future CFO

AUGUST 21, 2023

Compliance and regulatory : Use classification models to analyse new regulations to understand new obligations or build audit plans by analysing the risk environment and operational metrics. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns. To make generative AI reliable, it must be accurate, scalable, and adaptable.

Finance 98

Finance Compliance Data Analysis Leverage 98

CFO Simplified

JANUARY 2, 2022

Reliance Upon Outside Audits . It can be tempting to rely upon an annual audit to catch fraud. Corporate cards also allow companies to set credit limits, forcing employees to communicate formal requests when they need access to more funds. Are you worried about your business’s data security going forward into 2022?

CFO 52

CFO Auditing Accounts Payable Securities 52

CFO Talks

NOVEMBER 10, 2022

We are very intentional about being compliant and getting a clean audit’. My guest today is Shené Groep, she’s currently the Head of Finance of the City of Cape Town’s Directorate of Safety and Security and she’s been working for the metro since 2012 in various financial and managerial positions. Let’s take communication for example.

CFO 52

CFO Budgeting Communication Problem Solving 52

PYMNTS

JANUARY 8, 2019

The goal of the process is to improve the safety and security of payments. The bank has offered permission for the process using all types of payment services and methods, including near-field communication (NFC), magnetic secure transmission (MST), in-app payment methods and cloud services.

Auditing 56

Auditing Communication Securities Banking 56

PYMNTS

FEBRUARY 6, 2020

According to the release, “TRAFEC provides an authenticated, electronic channel of communication between commodity traders and their banks. TRAFEC also has a clear audit track, and approaches managing exchanges in a standardized way to make it easier to facilitate trade finance operations. . .

Auditing 52

Auditing Finance Communication Investments 52

Planful

OCTOBER 19, 2021

Equifax quickly applied security and governance policies because they were built in and custom coded to suit the organization’s needs. According to Nabil Hannan , managing director at NetSpi, CFOs can quantify and communicate the ROI of secure systems to the C-suite by collaborating with chief information security officers ( CISO).

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 87

IFRS Accounting SAP Compliance 87

PYMNTS

MARCH 27, 2019

If a developer’s app uses Twitter’s API to mention a user or call up a user’s tweets more than 100,000 times a day, Twitter will now audit the app to identify if there is prohibited behavior taking place. Meanwhile, telecommunications provider AT&T is launching its own API marketplace. Inside HSBC’s PSD2 Developer Portal.

B2B 49

B2B Communication Auditing Securities 49

PYMNTS

SEPTEMBER 26, 2018

“Just as HTTPS, SMTP and SIP enabled free borderless information sharing and communications, crypto assets and blockchain technology will enable us to exchange value and transact with one another in a similar way: instantly, globally, securely and at low cost.”

Auditing 72

Auditing Compliance Communication Leverage 72

PYMNTS

JUNE 27, 2017

Companies and investment funds are adding an extra layer of scrutiny to mergers and acquisitions by hiring cybersecurity experts to screen targets for security risks. hack affected about 500 million accounts, damaging the company’s reputation and leading Verizon Communications Inc. to cut its offer to buy the company by $350 million.

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) Auditing Valuation Communication 43

PYMNTS

DECEMBER 11, 2020

The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding. Modularbank. the company said.

B2B 77

B2B eCommerce Banking Healthcare 77

CFO Talks

MARCH 14, 2024

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. CFOs can lead the way in exploring and implementing new technologies, such as blockchain for secure transactions or digital currencies for new payment ecosystems, positioning their companies at the forefront of industry innovation.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Planful

DECEMBER 16, 2015

The panelists included James Green, CEO of Magnetic; William Kraut, Lead Board Director and Audit Committee Chair for InTest; and Ellen McClain, CFO at Year Up. Risk management is also becoming a big focus for boards, especially IT and information security risk. Bad news needs to get communicated quickly to the CEO and the board.

CFO 40

CFO Auditing Communication Risk Management 40

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Education Auditing 52

PYMNTS

AUGUST 12, 2019

What we’re doing right now is we’re looking at our processes in place … to make sure this doesn’t happen again,” said Rene Daniels, director of communications and community engagement for Spotsylvania County Public Schools, according to the site, which added that no personal details or confidential information were compromised.

Auditing 59

Auditing Invoicing Accounts Payable Treasury 59

PYMNTS

NOVEMBER 26, 2019

In one tactic blending low and high tech, a fraudster can find a victim’s phone number online, call the victim with a spoofed bank phone number (pretending to be the bank), explain that a one-time password (OTP) is being sent, and trick them into divulging their own login credentials or reading the security OTP code over the phone.

Education 61

Education Construction Auditing Credit Risk 61

CFO Simplified

DECEMBER 12, 2021

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. Leaders in finance are most successful when they have skills in communication, quantitative analysis, financial planning, and team building. Preparation for annual audits.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

PYMNTS

SEPTEMBER 20, 2019

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

B2B 49

B2B Startups Communication Construction 49

Future CFO

AUGUST 30, 2021

To fulfil these requirements, soft skills such as stakeholder management, relationship building, emotional intelligence, problem solving and communication are crucial for finance professionals in 2021 alongside core technical capabilities such as financial planning, modelling and data analysis. . What stands out?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

CFO Leadership

OCTOBER 10, 2023

What data governance, privacy and security procedures do we have in place or need? Create and communicate a well-defined plan for how you intend to bring advanced AI tools into your organization and use them for transformation. Where is that data located? Is it ready to use now, and is it scalable?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

MAY 2, 2016

During a recent conversation with PYMNTS, Ayub shared his perspective on how the role of CRO is becoming more integral throughout the ecosystem and the importance of cross-departmental communication as a tool in risk management towards a more successful commercial enterprise.

Risk Management 41

Risk Management Compliance Auditing Communication 41

PYMNTS

JANUARY 25, 2019

The compensation is being sent on the directive of fictitious communications that ostensibly come from official directives from senior executives. Steve Barber, AA audit committee chair, said that in cases like those seen at the cake firm, such activity would be hard to find. As has been reported, the audit landscape in the U.K.

Auditing 51

Auditing Communication Accounting Banking 51